Paramount Launches Hostile Takeover Bid for Warner Bros. Discovery Valued at $108 Billion, Seeking to Derail Netflix’s Deal

1 month ago 8
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David Ellison is not going away quietly in his quest to land Warner Bros. Discovery. On Monday, Ellison’s Paramount Skydance announced it has commenced an all-cash tender offer to acquire all of the outstanding shares of WBD for $30.00 per share in cash. Paramount’s proposed transaction is for the entirety of WBD, including the TV […]
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