Paramount launches hostile bid for Warner Bros. Discovery
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Warner Bros. Discovery, responding to Paramount Skydance's unsolicited takeover offer to acquire all of WBD's outstanding stock for $30/share, said it will review the proposal and issue its decision within 10 business days.
Warner Bros. Discovery originally planned to break up its businesses until acquisition offers appeared in October. Paramount Skydance is one of Warner Bros. Discovery's most aggressive suitors with three offers submitted. Warner Bros. Discovery is ...
Warner Bros. Discovery on Tuesday said it is open to a sale after receiving “unsolicited interest” from multiple parties — sending the media giant’s stock up more than 9% in early trading. “While Warner Bros. Discovery continues to advance its ...
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The board of directors is also considering other “strategic alternatives to maximize shareholder value.” By Tony Maglio Sounds like Warner Bros. Discovery i s for sale after all. Amid swirling reports of bidding interest by Paramount Global, the WBD ...
If the deal goes through with intervention from the US Government, it would give Netflix access to the vast library of Warner Bros. Discovery content, including the Harry Potter and DC Comics franchises. HBO Max and all of the HBO shows are included in the package.