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This is read by an automated voice. Please report any issues or inconsistencies here. Warner Bros. Discovery’s board rejected Paramount Skydance’s $108-billion bid, citing the debt-heavy ...

Warner Bros. Discovery plans to reject Paramount’s revised takeover proposal despite billionaire investor Larry Ellison’s agreement to provide an “irrevocable personal guarantee” backing the $108 ...

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The company also agreed to raise its termination fee $5.8 billion to match Netflix, and extended the end date for the offer to Jan. 21. By Alex Weprin Senior Editor David Ellison’s Paramount has sent ...

Paramount Skydance’s hostile bid for Warner Bros. Discovery appeared to be on shakier ground Wednesday, after the Warner Bros. board urged shareholders to reject Paramount’s offer and stick with the ...

Warner Bros. Discovery’s (WBD) board has told shareholders in a letter to reject Paramount Skydance's (PSKY) takeover bid, saying that it reflects inadequate value, and maintaining that the Netflix ...

Dec. 17 (UPI) --Warner Bros. Discovery's board of directors urged shareholders on Wednesday to reject the hostile takeover by Paramount Skydance. The board said in a press release that it preferred ...

Warner Bros. Discovery has told its shareholders they should reject Paramount Skydance's $108.4 billion takeover bid for the company, urging them to approve the Netflix deal instead. A post on Warner ...