#netflixdeal
Warner Bros Rejects Paramount’s $108B Bid, Netflix Emerges Front-Runner
Warner Bros Discovery has officially rejected Paramount Skydance’s massive $108.4 billion hostile takeover bid, stating that the proposal lacked credible financial backing and posed serious risks to shareholders. In a regulatory filing addressed to investors, the company’s board made it clear that Paramount’s offer could not match the certainty, stability, and financial strength presented by Netflix’s competing merger proposal. According to the board, Paramount repeatedly cl
Warner Bros Rejects Paramount’s $108B Bid, Netflix Emerges Front-Runner
Warner Bros Discovery has officially rejected Paramount Skydance’s massive $108.4 billion hostile takeover bid, stating that the proposal lacked credible financial backing and posed serious risks to shareholders. In a regulatory filing addressed to investors, the company’s board made it clear that Paramount’s offer could not match the certainty, stability, and financial strength presented by Netflix’s competing merger proposal. According to the board, Paramount repeatedly cl









