Warner Bros. Discovery board urges shareholders to reject Paramount’s hostile takeover bid, throws support behind Netflix merger

Warner Bros. Discovery’s board unanimously urged shareholders to reject a tender offer from Paramount Skydance, calling it ...

Paramount’s hostile takeover bid is one of the largest

If Paramount’s $30-per-share, all-cash bid worth $108 billion (including debt) for complete ownership of WBD succeeds, it’ll be the fourth-largest hostile takeover to be completed over the past 20 ...

Takeover bid of parent company means limbo for CNN and some fellow cable networks

Paramount Skydance’s hostile takeover bid of Warner Bros. Discovery places CNN and its sister cable networks squarely back into what is likely to be an extended period of management limbo.

Trump son-in-law Jared Kushner is investor in Paramount’s hostile takeover bid of Warner Bros

Jared Kushner’s Affinity Capital, along with the sovereign wealth funds from Saudi Arabia, Qatar and Abu Dhabi, have ‘agreed to forgo any governance rights – including board representation – ...
Maryland Daily RecordOpinion

Warner Bros asks investors to reject takeover bid by Paramount Skydance

Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying a rival bid from Netflix will ...