Warner reopens talks with Paramount
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Paramount Skydance stock rises after Warner Bros. Discovery says it will restart deal talks with the company.
With a shareholder vote likely on the horizon, Paramount Skydance PSKY is unrelenting in its hostile tender offer to woo Warner Bros Discovery (WBD) WBD investors away from rival bidder Netflix NFLX.
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Paramount Skydance has been frantically begging activist investors for help with its Netflix battle
Bankers for Paramount Skydance have been actively looking for activist investors to help it upend Warner Bros. Discovery’s sale of its studio and streaming service to Netflix, On The Money has learned.