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NEW YORK (AP) — Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor of a rival bid from Netflix it said will better serve their ...
Warner Bros. Discovery on Wednesday disclosed a fourth bidder submitted an offer for the company, adding to bids from Netflix, Paramount and Comcast, though little is known about the unnamed firm.
Warner Bros. Discovery on Wednesday urged shareholders to reject Paramount Skydance's $108.4 billion hostile takeover bid, arguing that it created "significant risks and costs" for the company and ...
LOS ANGELES, Dec 17 (Reuters) - Warner Bros Discovery's (WBD.O), opens new tab board spurned Paramount Skydance's (PSKY.O), opens new tab $108.4 billion hostile takeover bid on Wednesday, calling the ...
Warner Bros. Discovery’s board has formally said “no thanks” to the $108 billion takeover bid from David Ellison’s Paramount Skydance and unanimously reiterated its support for the Netflix deal.