WBD once again rejects Paramount offer in favor of Netflix deal - CNBC
AI Summary1 min read
TL;DR
Warner Bros. Discovery's board has rejected Paramount's latest hostile takeover bid, advising shareholders to decline the offer in favor of pursuing a deal with Netflix instead.
Tags
Warner Bros. DiscoveryParamountNetflixhostile takeovermergers and acquisitions
- WBD once again rejects Paramount offer in favor of Netflix deal CNBC
- Warner Bros. Discovery board rejects Paramount’s revamped hostile takeover bid CNN
- Warner Bros. Board Rebuffs Paramount’s Latest Buyout Offer The New York Times
- Warner Bros Discovery tells investors to reject latest $108bn hostile Paramount bid The Guardian
- Warner Bros urges shareholders to reject 'inferior' Paramount offer BBC