Warner Bros. Discovery to review Larry Ellisons…
Warner Bros. Discovery’s board will review an offer from tech tycoon Larry Ellison to personally guarantee Paramount Skydance’s $78 billion hostile takeover bid – including a recent twist to a bidding warfare that has most lately favored Netflix, On The Money has discovered.
Bankers concerned in the choice say the board’s review is predicted given the contentious – and doubtlessly litigious – trajectory of the competition for the company recognized as WBD, which controls the famed Warner studio, HBO Max streaming service and cable properties such as GWN, Discovery and…
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