Paramount Might Have Given Warner Bros. an Offer It Can't Refuse
Paramount Skydance's $31-per-share offer to acquire Warner Bros. Discovery exceeded Netflix's $27.75 bid, prompting Netflix to withdraw from the bidding war.
BREAKING: Netflix Withdraws Bid for Warner Bros., Paramount on Verge of Takeover
David Ellison's Paramount Skydance is winning the bidding war for Warner Bros. Discovery after Netflix withdrew from the competition due to price concerns.