TechCrunch

Warner Bros. Discovery rejects Paramount’s hostile bid, calls offer ‘illusory’

Warner Bros. Discovery’s (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellison’s Paramount Skydance, calling the offer “illusory,” and saying that Paramount ...
CNBC

Paramount questions Warner Bros. Discovery on 'fairness and adequacy' of sale process: Read the full letter

Paramount Skydance is questioning the fairness of Warner Bros. Discovery's sale process and whether it's acting in the best interest of shareholders, according to a letter reviewed by CNBC. Paramount ...
CNBC

Why Warner Bros. Discovery shareholders might opt for Paramount's offer — and why they might not

Paramount executives have begun speaking to WBD shareholders to gauge their interest in tendering their shares against the recommendation of WBD's board to sell its studio and streaming assets to ...
Investopedia

Warner Bros. Wants to Take the Netflix Deal—and It Calls Paramount's Offer 'Illusory'

Warner Bros. said Paramount's tender offer comes with "an untenable degree of risk" and was "inferior" to the proposed Netflix merger. Paramount maintained that its deal was "superior." The response ...
The New York Times

Paramount Says Money Is No Object. Warner Bros. Isn’t Convinced.

Larry Ellison is backstopping Paramount’s bid for Warner Brothers, but Warner Brothers is concerned that the billionaire has not provided a personal guarantee to pay. By Lauren Hirsch As Paramount ...