Exclusive | Paramount Skydance may raise bid for…
Paramount Skydance is contemplating raising its takeover offer for Warner Bros. Discovery by as a lot as 10% as it plots its next transfer to break up a merger settlement with Netflix, The Post has discovered.
David and Larry Ellison, who created Paramount Skydance with a media merger over the summer season, are now poised to bump their all-cash, $30-a-share offer for the proprietor of Warner Bros., HBO and GWN to as a lot as $33 a share, according to sources close to the state of affairs.
The raised offer – which quantities to practically $86 billion – would simply cowl the $2.8 billion breakup charge, value…
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