Paramount Skydance eyes takeover bid for Warner…
Paramount Skydance is making ready a blockbuster bid for Warner Bros. Discovery that might worth the struggling media giant at up to $24 a share, according to CNBC.
The proposed deal is predicted to be 70% to 80% money — backed in half by Oracle co-founder Larry Ellison, father of Paramount Skydance CEO David Ellison — with the remainder in stock.
CNBC reporter David Faber said Friday that Paramount Skydance, the Ellison-controlled enterprise, is eyeing a bid in the vary of $22 to $24 per share.
A Paramount Skydance bid might worth Warner Bros. Discovery at up to $24 per share,…
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