US EditionParamount Calls $30-per-Share for Warner Bros. Discovery ‘Superior’
Paramount Skydance’s $30 cash offer includes a personal guarantee from Larry Ellison and aims to provide WBD shareholders greater value and certainty than Netflix’s bid, Paramount said.
9 Articles
9 Articles
Paramount Holds the Line at $30 a Share WBD Bid — Takes Case Straight to Warner Bros. Discovery Shareholders
The Paramount WBD bid isn’t going away despite repeated rejection from the Warner Bros. Discovery board — and Paramount is making sure that shareholders hear that loud and clear. Despite a fresh rejection from the board, Paramount is staying the course on its $30-a-share push, again appealing directly to investors as the fight for control of one of Hollywood’s biggest legacy portfolios turns into a high-stakes staring contest. The post Paramount…
The bidder struggle for the film and media company Warner Bros Discovery continues. The outcome of the proceedings also has consequences for US politics.
Paramount Takes $30 per Share Bid for Warner Bros. to Shareholders After Board Rejects Talks
Paramount Skydance Corporation on Jan. 8 took its $30-per-share all-cash bid for Warner Bros. Discovery (WBD) directly to shareholders, escalating a takeover fight after WBD’s board rebuffed further engagement and urged investors to back a rival deal with Netflix. In a statement, Paramount said WBD’s refusal to engage followed months of discussions and came despite Paramount amending its proposal to address financing and execution concerns, incl…
Paramount Global has officially confirmed its offer to acquire Warner Bros. Discovery, valuing the target company at $30 per share. Paramount claims that its proposal is superior to that submitted by Netflix, despite the fact that it was rejected several times by the board of directors of Warner Bros. Discovery. In a statement quoted by Bloomberg, Paramount says that its offer "represents the best path forward" for Warner Bros. Discovery shareho…
News: Paramount-WBD, ESPN, YES Network and more
The following article "News: Paramount-WBD, ESPN, YES Network and more" originally appeared on Sports Media Watch. Paramount is valuing Discovery Global at $0/share; ESPN bids farewell to two longtime tennis analysts; and YES Network and Comcast reportedly reach a new long-term distribution agreement. Plus news on Jimmy Zasowski, the Pittsburgh Post-Gazette, Ryan Smith and Sactown Sports 1140. Paramount valuing Discovery Global at $0/share Param…
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