Warner Bros. Discovery said Paramount agreed to raise its $30 a share cash offer if WBD agreed to talks, which it has.
Warner Bros. Discovery starting seven-day of talks ending Feb. 23 for discussions with Paramount, seeking clarity for WBD stockholders.
The media giant, which is still recommending the $83 billion Netflix deal, also set a shareholder vote for March 20 at 8 a.m. ET.
Warner Bros. Discovery wants to hear Paramount’s “best and final proposal” for the media company, and is opening a brief window for discussions about a bid, while also moving forward with its Netflix ...
Warner Bros. Discovery set a March 20 deadline for its shareholders to finally vote on their preferred outcome in the ...
Warner Bros. Discovery on Tuesday said it will engage in deal talks with Paramount Skydance under a 7-day waiver from Netflix ...
NEW YORK (AP) — Skydance-owned Paramount is again extending the tender offer window in its $77.9 billion hostile takeover bid for Warner Bros. Discovery, while doubling down on a coming proxy fight.
Netflix agreed to pay all cash for Warner Bros. Discovery, amending its $72 billion deal in an attempt to fight off Paramount’s hostile takeover bid. Netflix originally agreed to buy the company with ...