Paramount Skydance just does not want to take no for an answer. After having multiple bids to acquire Warner Bros. Discovery ...
Early Wednesday morning, Warner Bros. Discovery, CNN’s parent company, published a letter to shareholders and an SEC filing, formally rejecting Paramount’s latest offer for the entire company, deeming ...
The board says the revised $108.4 billion bid continues to offer "significant costs, risks and uncertainties" compared to its $83 billion deal with Netflix.
Warner Bros. Discovery is in the middle of a Hollywood tug-of-war between Netflix and Paramount. And chances are it’ll be a long, bumpy regulatory road ahead for either buyer. Warner’s board on ...