Warner Bros. urges shareholders to reject Paramount’s amended takeover bid
Warner Bros. Discovery’s board told shareholders Paramount’s amended offer was inferior to Netflix’s takeover bid.
Paramount
Paramount X account reportedly hacked amid Warner Bros. bidding war
The apparent hack comes after Paramount CEO David Ellison reportedly told Trump administration officials that “sweeping changes” would be made at CNN if Paramount acquired Warner Bros. instead of Netflix.
Netflix ‘super confident’ in Warner Bros. deal after Paramount’s hostile bid
Netflix last week announced it would acquire Warner Bros. in a $83 billion deal.
How the world’s second-richest person and his son pulled off the $8 billion Paramount deal
David Ellison, son of the software centi-billionaire, nurtured a relationship with Paramount over 15 years. His father’s fortune and political status sealed the deal.
Apollo offers $11 billion for Paramount Studios, reports
Paramount is reportedly weighing another offer from Skydance Media and David Ellison.
Paramount shares skyrocket after reports of potential takeover
The company’s A and B Class shares were both up more than 10% on Friday.