Paramount Counters Netflix with Hostile Bid for Warner Bros
This is Beirut, 08/12 18:00 - Reading : 2 minute(s)
Paramount Netflix Warner Bros.
Paramount launched an all-cash tender offer Monday to acquire Warner Bros. Discovery for $30 per share, challenging a previously announced deal between WBD and Netflix. The hostile offer sets up a furious battle between Paramount, whose owner Larry Ellison is an ally of Donald Trump, and streaming behemoth Netflix to buy one of Hollywood's most ...
