Tag: Netflix Acquisition

Warner Bros. Discovery formally rejected Paramount’s $30 per share hostile takeover bid, calling the offer “illusory” and lacking firm financial backing from the Ellison family. The board cited significant regulatory and execution risks, while reiterating support for its signed Netflix…

Netflix has escalated its bid for Warner Bros. Discovery with a binding, mostly cash offer that signals a desire for full control, not leverage. This ups the pressure on Paramount, Skydance, and Comcast, while injecting significant political and regulatory risk…