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fromBusiness Insider
1 day ago
Media industry

Why Warner Bros. Discovery dialed up the heat in its latest rejection of Paramount

Warner Bros. Discovery emphatically rejected Paramount's acquisition bid, citing weak Paramount finances, LBO concerns, media leaks, and preparing to defend against potential litigation.
fromEngadget
3 weeks ago
Television

Warner Bros. Discovery rejects Paramount's hostile bid

Warner Bros. Discovery's board rejected Paramount Skydance's $108 billion takeover and reaffirmed commitment to an $82.7 billion merger with Netflix, citing superior terms.
more#warner-bros-discovery
Media industry
fromFortune
1 month ago

Netflix CEO brushes aside Paramount's 'entirely expected' hostile bid, 'super confident' of closing deal with Warner Bros. Discovery | Fortune

Netflix offered nearly $83 billion to acquire most of Warner Bros. Discovery, defends the deal as beneficial despite investor backlash and a rival hostile bid.
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