Paramount Skydance launches hostile bid for Warner…
Paramount Skydance on Monday launched a hostile bid to purchase Warner Bros. Discovery after it accepted an offer from Netflix – even as President Trump warned that the Netflix deal “could be a problem” with his antitrust regulators.
Paramount is making its case instantly to shareholders with an all-cash, $30-per-share offer to take over the whole company – the same bid that WBD rejected last week, The Post beforehand reported.
The offer is backed with equity from the Ellison household and RedBird Capital along with debt totally dedicated by Bank of America, Citi and…
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