Warner Bros. gets a new offer from Paramount
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Warner Bros. Discovery has received a second round of bids, including a mostly cash offer from Netflix, in an auction that could conclude in the coming days or weeks, a source familiar with the matter told Reuters on Monday. Bankers for Paramount Skydance ...
Warner Bros. Discovery said last month it would explore strategic options for the company after receiving unsolicited takeover offers. Warner Bros. Discovery plans to make an announcement on its future by Christmas, sources told CNBC. Paramount has sent ...
Paramount Skydance is undeterred by the Warner Bros. Discovery board’s latest rejection of its offer to acquire the company, but is not raising its bid above its stated $30-per-share all-cash offer. At least not yet. In a statement released Thursday ...
Warner Bros. Discovery CEO David Zaslav stands to pocket a whopping $500 million if the entertainment conglomerate is sold at the price Paramount Skydance has offered, according to a new report. Zaslav’s payout would come from 21 million shares that ...
“At Discovery Global, we will seek to inspire and empower audiences through bold storytelling and engaging stories,” said Gunnar Wiedenfels, the Warner Bros. Discovery CFO who will be CEO of the new Discovery Global, in a statement. “We are committed ...
Warner Bros. Discovery opened the door on Tuesday to Paramount Skydance after the rival bidder raised its offer to $31 per share. The intense bidding war for the studio behind Batman and Harry Potter has reached a fever pitch,