Warner Bros. Discovery Rejects Three Merger Offers from Paramount Skydance
Warner Bros. Discovery has turned down three acquisition proposals from Paramount Skydance, including offers up to $23.50 per share and a co-CEO role for David Zaslav.
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Warner Bros. Discovery Open to Sale After Multiple Buyout Offers
Warner Bros. Discovery expands strategic review after receiving "multiple" buyout offers. Stock jumps 8% as company considers sale alongside planned split into two businesses.
Warner Bros Rejects Paramount's Low-Ball Takeover Bid
Warner Bros Discovery turns down Paramount Skydance's $20/share takeover offer. Paramount considers raising bid or going directly to shareholders for the media merger deal.
David Ellison Seeks Private Equity Partners for Massive Warner Bros. Discovery Bid
Paramount Skydance's David Ellison is courting major private equity firms including Apollo Global Management for a potential $60 billion Warner Bros. Discovery acquisition as funding questions mount.
Warner Bros. Discovery Stock: Why the Downgrade?
KeyBanc downgraded WBD stock, citing high valuation after major year-to-date gains and concerns over demanding acquisition terms surrounding CEO David Zaslav's reported $40/share price target.