Warner Bros Discovery Rejects $108B Paramount Bid
Update: 2025-12-31
Description
Warner Bros Discovery reportedly rejects Paramount Skydances $108.4 billion bid, despite Ellisons personal guarantee and offer tweaks. The snub highlights industry concerns over valuations and deal closures, as media mergers face scrutiny. Paramounts offer remains at $30 per share, while Warner Bros Discovery pursues a Netflix deal, keeping the media dominance race open.
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