Warner Bros. Rejects ‘Inferior’ Paramount Hostile Takeover Bid, Chooses Netflix
Warner Bros. Discovery has formally rejected the hostile takeover bid from Paramount amid their merger deal with Netflix, dubbing the proposed terms �...
Last updated: 2026-01-09 22:48:08 ET
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Warner Bros. Discovery has formally rejected the hostile takeover bid from Paramount amid their merger deal with Netflix, dubbing the proposed terms �...
Warner Bros. Discovery's board again urged shareholders to reject Paramount Skydance's offer, calling it inferior to Netflix's bid
Paramount’s latest offer, backed by Ellison’s personal fortune, remains inferior to Netflix’s accepted proposal, Warner Bros. says, urging share...
The Warner Bros board said it remained unanimous in recommending the deal with Netflix instead.