Warner Brothers Discovery Board Rejects Paramount's $18.4B Bid
Update: 2025-12-17
Description
Warner Brothers Discoverys board is poised to advise shareholders to reject Paramount Skydances $108.4 billion takeover bid, potentially shifting the balance of power in the streaming wars. Paramounts all-cash offer, backed by $41 billion in new equity and $54 billion in debt commitments, aims to secure Warner Brothers extensive content library. However, Jared Kushners Affinity Partners has reportedly withdrawn from the bidding, adding uncertainty to this high-stakes corporate acquisition drama.
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