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Warner Bros Discovery's board unanimously turned down Paramount Skydance's latest attempt to acquire the studio, saying its revised $108.4 billion hostile bid amounted to a risky leveraged buyout that ...

By Dawn Chmielewski, Kritika Lamba and Dawn Kopecki LOS ANGELES, Jan 7 (Reuters) - Warner Bros Discovery's board has unanimously turned down Paramount Skydance's latest attempt to acquire the studio, ...

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For nearly a month now, the bidding war between Netflix and Paramount for the acquisition of Warner Bros. has been a source of extreme anxiety for movie lovers around the world. Four days ago, this ...

Warner Bros Discovery will likely reject Paramount Skydance’s amended $108.4 billion hostile bid for the storied Hollywood studio despite a personal guarantee from billionaire Larry Ellison backing ...

Warner Bros Discovery is expected to reject Paramount Skydance’s amended $108.4 billion hostile bid, CNBC reported on Tuesday, despite billionaire Larry Ellison backing the media giant’s offer with a ...

Warner Bros Discovery on Monday confirmed receipt of Paramount’s amended, unsolicited tender offer and “consistent with its fiduciary duties and in consultation with its independent financial and ...

Dec 23 (Reuters) - Paramount Skydance's latest offer to buy ‌Warner Bros Discovery is still not good enough ‌for prominent shareholder Harris Oakmark, the investor told Reuters on Monday. Warner Bros' ...

Paramount and its controlling shareholders, the billionaire Ellison family, said the company was building out its bid for Warner Bros. Discovery on Monday. The amended bid seeks to address a number of ...

One Warner Bros. Discovery shareholder is calling for Netflix to revise its bid to acquire WBD after Paramount Skydance clarified its all-cash offer. Mario Gabelli, the CEO of GAMCO Investors as well ...

Netflix has secured new bank financing totaling $25 billion to replace a portion of the cash commitment under its previously disclosed $59 billion bridge loan to acquire Warner Bros. Discovery’s ...