Warner Bros rejects Paramount’s revised $108b takeover bid, sticks with Netflix deal
Los Angeles – Warner Bros. Discovery’s board of directors has unanimously rejected a revised acquisition offer from Paramount Skydance, declaring the proposal “inadequate” and urging shareholders instead to support its existing agreement with Netflix. Paramount’s updated tender offer valued at about $108.4 billion included changes meant to address earlier concerns, such as a personal equity guarantee […]



