Warner Bros. Discovery’s (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellison’s Paramount Skydance, calling the offer “illusory,” and saying that Paramount ...
Warner Bros. said Paramount's tender offer comes with "an untenable degree of risk" and was "inferior" to the proposed Netflix merger. Paramount maintained that its deal was "superior." The response ...
Paramount executives have begun speaking to WBD shareholders to gauge their interest in tendering their shares against the recommendation of WBD's board to sell its studio and streaming assets to ...
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