Paramount’s $108B Hostile Bid for Warner Bros Discovery Beats Netflix — Big Risks Ahead
Executive Summary Paramount Skydance has initiated a hostile all-cash tender offer of US$108.4 billion (US$30 per share) to acquire *Warner Bros. Discovery* (WBD), seeking to supersede Netflix’s earlier agreed proposal valued at US$82.7 billion (US$27.75 per share) for WBD’s studios and streaming assets, excluding cable networks. Paramount claims its bid offers greater regulatory certainty and …
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