Paramount's $17.6B Bid for Warner Brothers
Update: 2025-12-08
Description
Paramount Skydance makes a hostile takeover bid for Warner Brothers Discovery, offering a $17.6 billion cash premium over Netflixs deal. CEO David Ellison argues for better value and quicker completion, potentially installing new board members if they secure over 50% of shares. This move echoes Elon Musks Twitter acquisition and InBevs Anheuser-Busch takeover, but target companies can fight back with tactics like the poison pill defense.
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