Paramount Launches Hostile Takeover of Warner Bros. Discovery

Paramount Skydance is launching a hostile bid to take over Warner Bros. Discovery, days after falling short in a bidding war against Netflix. The David Ellison–led company said Monday it will take an all-cash bid of $30 per share directly to WBD shareholders. In his letter, Ellison called Netflix’s proposal…

Please click the link below to read the full article.



from Consequence https://ift.tt/7wjA83O
via IFTTT

Comments