Warner Bros Board Rejects Paramount’s $108B Bid, Backs Netflix Deal Over Debt Risks | 4K
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Warner Bros Board Rejects Paramount’s $108B Bid, Backs Netflix Deal Over Debt Risks | 4K
Warner Bros Discovery’s board has unanimously rejected Paramount Skydance’s revised $108.4 billion hostile takeover bid, calling it a risky leveraged buyout loaded with debt. The board warned shareholders of closing risks, rejected the $30-per-share offer, and reaffirmed support for Netflix’s $82.7 billion deal for the studio and its ...
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