Paramount's $30 Offer for Warner Bros. Discovery
Update: 2025-12-17
Description
Paramount Global remains steadfast in its bid to acquire Warner Bros. Discovery for $30 per share, despite the latters board rejection. Paramount, led by CEO David Ellison, believes their all-cash offer provides superior value and certainty for shareholders, contrasting with Netflixs proposed deal. Paramount argues their offer avoids burdening shareholders with a heavily indebted, smaller linear television business. They claim their $30 per share cash offer is significantly better than Netflixs $23.25 per share cash component, and would not result in a dominant streaming monopoly. Paramount is confident in regulatory approval and has secured necessary financing, backed by the Ellison family, RedBird Capital Partners, and major banks.
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