Paramount launches hostile takeover bid for Warner Bros. Discovery after Netflix deal
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Paramount launches hostile takeover bid for Warner Bros. Discovery after Netflix deal
Paramount has gone straight to Warner Bros. Discovery’s shareholders with an all-cash offer in an extraordinary endeavor to gain control of Hollywood’s most sought-after prize – a bid that Netflix beat on Friday. Paramount was widely expected to be the frontrunner for Warner Bros., but WBD opted instead for Netflix, which it said offered ...
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Paramount is launching a hostile bid to acquire Warner Bros. Discovery after it lost to Netflix in a high-stakes bidding war, the company announced Monday. | NBC News
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