Paramount bidders await word from special committee evaluating options

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A special committee of the Paramount Global board charged with evaluating offers for the company met Saturday morning, though rival bidders for the studio are awaiting word on next steps. Paramount ended its exclusive negotiations with Skydance Media without a deal on Friday, allowing the special committee to entertain other offers for the home of "Mission: Impossible" and "SpongeBob SquarePants." Paramount's special committee has yet to contact Sony Pictures Entertainment, which, together with private equity firm Apollo Global Management, sent a letter on Wednesday expressing interest in acquiring Paramount, according to two sources familiar with the matter.