
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.
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.
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.
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.