The deal includes a go-shop provision allowing the committee to pursue a potentially superior offer.

It did so by entertaining the Bronfman-led bid and thenextending the go-shop by 15 days, through September 5.

It originally was scheduled to expire on Wednesday night.

Paramount-Skydance deal

Paramount and SkydanceGetty Images

The Wall Street Journalhad the first report on the legal salvo.

Multiple sources familiar with the merger discussions confirmed details of the communique to Deadline.

Reps for the special committee and Skydance did not immediately return calls for comment.

Edgar Bronfman, Shari Redstone and David Ellison

A rep for Bronfman declined to comment.