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Paramount makes hostile bid for Warner Bros. Discovery

Paramount launched a hostile, all-cash bid against Netflix to acquire Warner Bros. Discovery for $30 per share. The Skydance company’s competitive bid comes just days after Netflix announced that it entered a “definitive agreement” with Warner Bros. to purchase it and its HBO Max and HBO studi......

Source: Washington Examiner

Original URL: https://www.washingtonexaminer.com/news/business/3910259/paramount-hostile-bid-warner-bros-discovery/