Paramount stock edges up as Bronfman reportedly mulls increasing bid again

Paramount's beaten down stock price ticked up Monday following speculation that Edgar Bronfman Jr. may jack up his alreadysweetened offer even higher to win the bidding war for the struggling media giant. The veteran media executive reportedly raised his bid to $6 billion for National Amusements and a minority stake in Paramount Global last week — after initially offering$4.3 billion — in the latest twist over the company's future. However, Bronfman "may very well increase his bid yet again," CNBC's David ...