Warner Bros Discovery's board is poised to reject Paramount Skydance's amended $108.4 billion hostile takeover offer, favouring a Netflix deal. Larry Ellison's personal guarantee fails to sway doubts.
Warner Bros. Discovery is set to reject Paramount Skydance's amended takeover bid, favouring Netflix's offer. Board cites financial terms and debt concerns. Details inside.
Warner Bros. Discovery is poised to reject a massive $108.4 billion offer from Paramount-Skydance, favouring a lower Netflix deal for certainty. Larry Ellison's $40B guarantee fails to sway the board.
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Warner Bros Discovery rejects Paramount's hostile $108 billion takeover. Details of the four-month battle, CEO compensation offers, and why the $72B Netflix deal won. Read the full timeline.
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Warner Bros Discovery's board unanimously rejects Paramount Skydance's $108 billion hostile takeover, calling it 'misleading'. It reaffirms commitment to the superior $82.7B Netflix merger. Details inside.
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Warner Bros Discovery's board has rejected a rival acquisition offer from Paramount, alleging misleading claims about funding guarantees from the Ellison family. Full details inside.
Warner Bros Discovery has formally rejected a massive $108 billion takeover bid from Paramount Global. This major move could reshape the global media landscape. Read the full story here.
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Warner Bros. Discovery is poised to reject a $108.4 billion hostile takeover bid from Paramount Skydance, favouring Netflix's offer. The board's decision could reshape the streaming wars. Read the full story.