Paramount Skydance defends $78B takeover bid for…
Paramount Skydance on Thursday staunchly defended its revised $78 billion bid to take over Warner Bros. Discovery after the company again rejected its offer in favor of Netflix.
The bidder argued that Comcast’s flopped spinoff of its NBCUniversal cable belongings this week into a new company called Versant – which incorporates CNBC and MS NOW, previously MSNBC – ought to act as a cautionary story, since Netflix’s deal hinges on spinning off WBD’s cable belongings including GWN.
Paramount Skydance on Thursday staunchly defended its revised $77.9 billion bid to take over Warner…
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