The stock, which frequently jumps about on news like this, is up nearly 8%.
The window is set to close next Wednesday at 11:59 pm ET.
Thats not in cards anymore.
(L-R) Shari Redstone, Steven Paul, Edgar Bronfman Jr and David EllisonGetty
Any deal that comes in now would have to offer more to CBS shareholders than Skydance has.
The WSJ said Bronfman might offer shareholders more ownership.
But he also might not end up making a bid at all.
Reps for Paramounts special committee, NAI and Bronfman did not immediately respond to Deadlines requests for comment.
