Warner Bros Discovery urges shareholders to reject Paramount's $108.4bn takeover bid
Warner Bros. Discovery urged shareholders to reject Paramount Skydance's $108.4bn hostile takeover offer, calling it inadequate and riskier than the planned Netflix merger.
CNN turns from cheering independence to dreading limbo as Paramount rides into town for Warner-Netflix showdown | Fortune
Paramount Skydance's hostile bid for Warner Bros. Discovery thrusts CNN into prolonged management limbo, raising uncertainty about ownership, potential CNN-CBS combination, and staff anxiety.
