Media executive Edgar Bronfman Jr. and Bain Capital are interested in buying the parent of Paramount Global (Nasdaq: PARA), according to Bloomberg News.
The former Warner Music Group chairman and Boston-based private equity firm are considering offering more than $2 billion for National Amusements Inc., Bloomberg reported. The interest comes as Paramount works through negotiations to merge with Skydance Media, the independent film and TV company led by David Ellison. Ellison has offered $2.25 billion for National Amusements as part of that complicated merger plan.