The Warner Bros. Discovery board has unanimously voted to rebuff Paramount’s $108.4 billion offer and urged shareholders to ...

Paramount Skydance isn't giving up on obtaining Warner Bros. Discovery just yet. The company has amended its $108 billion offer to include Larry Ellison's "irrevocable personal guarantee" equaling $40 ...

Larry Ellison is backstopping Paramount’s bid for Warner Brothers, but Warner Brothers is concerned that the billionaire has not provided a personal guarantee to pay. By Lauren Hirsch As Paramount ...

Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to ...

Warner Bros. Discovery Inc. is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said. After ...

Early Wednesday morning, Warner Bros. Discovery, CNN’s parent company, published a letter to shareholders and an SEC filing, formally rejecting Paramount’s latest offer for the entire company, deeming ...

The claim was made as part of Warner Bros. Discovery’s dismissal of Paramount’s hostile takeover offer. By Lauren Hirsch and Brooks Barnes Warner Bros. Discovery went on the attack against Larry and ...

Netflix seemed to have a clear path to acquiring Warner Bros., but Paramount Skydance's hostile takeover bid has thrown that into question. The top question right now: Is Netflix still buying Warner ...

The company also agreed to raise its termination fee $5.8 billion to match Netflix, and extended the end date for the offer to Jan. 21. By Alex Weprin Senior Editor David Ellison’s Paramount has sent ...

A hostile bid from Paramount came after Netflix struck a deal with Warner Bros. Paramount in recent days launched a hostile takeover bid to acquire Warner Bros. Discovery, just days after Netflix ...

If you thought the drama on HBO’s “Succession” TV series was intense, the real-world streaming wars are in the midst of a far more consequential episode of boardroom intrigue. The latest plot twist?

Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers. "We strongly believe that Netflix and Warner ...