The board of Warner Bros. Discovery on Wednesday said it was recommending that shareholders reject the hostile takeover bid from Paramount Skydance and its controlling shareholders, the Ellison family ...

Warner Bros. rejected an initial Paramount bid and is pursuing a deal with Netflix for its movie, television and streaming ...

Warner Bros. Discovery is expected to reject another takeover bid from Paramount Skydance as concerns grow over valuation and ...

Warner Bros Discovery (WBD) is preparing to urge shareholders to reject a $108bn (£81bn) hostile takeover bid from Paramount, after one of its key financial backers pulled out of the deal. Affinity ...

Affinity Partners had planned to back a bid by Paramount Skydance to acquire all the assets of media giant Warner Bros. Discovery.

Paramount is launching a hostile bid to acquire Warner Bros. Discovery after it lost to Netflix in a high-stakes bidding war, the company announced Monday, setting the stage for a corporate drama ...