Warner Bros. Discovery board rejects Paramount’s revamped hostile takeover bid

WBD’s cable channels, including CNN, are being broken off into a new, publicly traded company called Discovery Global later ...

Warner Bros. Discovery Rejects Paramount’s Latest Offer As “Inferior” To Netflix Deal

Warner Bros. Discovery's board advised shareholders to reject the latest takeover offer from Paramount, calling it riskier ...

Warner Bros. Discovery Shareholder Pentwater Capital Management Says Paramount’s Revised Bid Is ‘Economically Superior’ to Netflix

Pentwater Capital Management has penned a letter to WBD's board accusing it of not fully engaging with David Ellison's ...

Warner Bros. sticks with Netflix merger, calls Paramount’s $108B bid “illusory”

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

Warner nixes Paramount’s bid (again), citing proposed debt load

Warner’s board this week unanimously voted against Paramount’s latest hostile offer. Members concluded the bid was not in the best interest of the company or its shareholders.