Paramount's $78B Bid for Warner Brothers Discovery
Update: 2025-12-10
Description
Paramount Launches Bold Takeover Bid for Warner Brothers Discovery: A Cash Offer of $30 per ShareIn a surprising turn of events, Paramount has made a hostile takeover bid for Warner Brothers Discovery, offering $30 per share, totaling $78 billion. This move aims to acquire the entire company, including popular cable channels like CNN and HBO Max. Paramounts offer is considered superior to Netflixs $72 billion proposal, which included a mix of cash and stock. Paramounts bid is an all-cash offer, representing a 139% premium over Warner Brothers Discoverys stock price. The board of directors at Warner Brothers is reviewing the offer, and shareholders are advised not to take any action at this time.
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