Warner Bros Discovery board rejects rival bid from Paramount
LOS ANGELES: Warner Bros Discovery's board spurned Paramount Skydance's US$108.4 billion hostile takeover bid on Wednesday (Dec 17), calling the offer "illusory" as it accused the studio giant of misleading shareholders about its financing.Paramount has been in a race with Netflix to win control of Warner Bro
17 Dec 12:03 · CNA
Warner Bros Discovery board rejects rival bid from Paramount
Warner Bros’ board said it found Paramount’s offer “inferior” to the merger agreement with Netflix’s. Read more at straitstimes.com. Read more at straitstimes.com.
17 Dec 13:07 · The Straits Times
Warner Bros rebuffs Paramount's $108bn offer
Warner Bros Discovery on Wednesday rebuffed a hostile $108bn bid from rival Paramount, calling it inadequate and questioning the company's ability to finance the deal, while in a separate twist a key backer of the offer pulled out.
17 Dec 08:12 · ShareCast
Warner Bros Discovery board rejects rival bid from Paramount
LOS ANGELES: Warner Bros Discovery's board spurned Paramount Skydance's US$108.4 billion hostile takeover bid on Wednesday (Dec 17), calling the offer "illusory" as it accused the studio giant of misleading shareholders about its financing.Paramount has been in a race with Netflix to win control of Warner Bro
17 Dec 12:03 · CNA
Warner Bros Discovery board rejects rival bid from Paramount
LOS ANGELES, Dec 17 : Warner Bros Discovery's board rejected Paramount Skydance's $108.4 billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances.  In a letter to shareholders, disclosed in a regulatory filing, the board wrote that Paramount had "consistently misled" Warne
17 Dec 12:03 · CNA
Warner Bros. Discovery Board Expected to Reject Paramount's New Bid
Bloomberg is reporting that Warner Bros. Discovery's board will advise shareholders to reject Paramount Skydance's hostile bid offering.
16 Dec 22:36 · BC
Warner Bros urges investors to reject ‘inferior’ Paramount bid
The terms of the Paramount offer include limitations on Warner Bros, such as its ability to refinance debt, the board said.
17 Dec 12:34 · Moneyweb
Warner Bros. urges shareholders not to take Paramount's hostile bid
Dec. 17 (UPI) -- Warner Bros. Discovery's board of directors urged shareholders on Wednesday to reject the hostile takeover by Paramount Skydance.
17 Dec 14:41 · UPI
Warner Bros. Discovery rejects Paramount hostile bid, backs Netflix deal
Warner Bros. Discovery's board has formally rejected Paramount Skydance's hostile takeover bid, urging shareholders to stick with Netflix's previously announced acquisition. The decision shuts down Paramount's attempt...
17 Dec 17:59 · TechSpot
Warner Bros. Discovery recommends investors reject Paramount's hostile takeover bid
The board of Warner Bros. Discovery on Wednesday said it was recommending that shareholders reject the hostile takeover bid from Paramount Skydance.
17 Dec 13:07 · 5 NBCDFW
Jared Kushner’s Affinity Partners Pulls Out of Bid for Warner Bros. Discovery
Affinity Partners, Mr. Kushner’s private equity firm, played a small financial role in Paramount’s $108 billion offer, but it had attracted political attention to the deal.
16 Dec 23:49 · NY Times
Warner Bros likely to reject nearly $140b Paramount bid, back Netflix in bidding war, sources say
Its board is likely to advise shareholders to vote against the offer. Read more at straitstimes.com. Read more at straitstimes.com.
17 Dec 00:40 · The Straits Times
Warner Bros likely to reject $108.4 billion Paramount bid, back Netflix in bidding war, sources say
(Fixes wording in paragraph 2.)By Milana Vinn and Dawn ChmielewskiDec 16 : Warner Bros Discovery's board could announce a decision as early as Wednesday on Paramount Skydance's $108.4 billion takeover bid, with the board likely to advise shareholders to vote against the offer, according to sources fam
16 Dec 21:32 · CNA
Jared Kushner's private equity firm drops out of Warner Bros. takeover battle
Affinity Partners had planned to back a bid by Paramount Skydance to acquire all the assets of media giant Warner Bros. Discovery.
16 Dec 23:08 · 5 NBCDFW
WBD Board Recommends Rejecting "Inadequate" Paramount Hostile Bid
Warner Bros. Discovery's board outlines its reasons for recommending that shareholders reject Paramount Skydance's hostile bid offer.
17 Dec 16:05 · BC
last updated on 17 Dec 20:58