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Paramount sweetens hostile bid for Warner Bros. Discovery

Paramount Warner Bros. Discovery hostile bid has a catch for cable networks

Paramount began bidding in opposition to Netflix's exclusive negotiation with a tender bid of $108 billion, Bloomberg reported. Warner Bros. has 10 days to respond to the submission of the offer, after which Paramount will make its overtures directly to WBD shareholders with the option to extend its offer window at the 20-day mark, per CNBC.

· 2d · on MSN

Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion

· 2d · on MSN

Paramount amends Warner Discovery bid with Larry Ellison personal guarantee

2don MSN

Paramount’s Latest WBD Bid Is Family Business

Looks like Paramount CEO David Ellison channeled his inner Veruca Salt and said, “I want it now, Daddy.” On December 22, ...

Yahoo

Paramount Skydance Says It Won’t Spin Off Cable Networks, But

Paramount Skydance’s top executives aren’t looking to follow moves by NBCUniversal and Warner Bros. Discovery to spin off their company’s cable channels into a separate entity. That should not, ...

7don MSN

Warner Bros recommends investors reject Paramount’s offer in favor of Netflix’s

Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor ...

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