Paramount’s hostile bid for Warner Bros. shaken
Digest more
Jared Kushner's private equity firm says it is dropping out of the group of firms that planned to back Paramount Skydance's hostile takeover bid for Warner Bros. Discovery.
We haven’t prioritized theatrical in the past because that wasn’t our business at Netflix. When this deal closes, we will be in that business.”
Paramount sent a letter from CEO David Ellison addressed to Warner Bros. Discovery shareholders that 'clearly sets out why Paramount’s $30.00 per share all-cash offer to acquire all of WBD is superior to WBD’s transaction with Netflix.
6don MSN
Paramount says China’s Tencent withdrew from its Warner Bros bid to avert national security issues
BANGKOK (AP) — Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review.