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Top Mumbrella News
Larry EllisonBy Brian Stelter, CNN (CNN) — Paramount is not raising its bid for Warner Bros. Discovery above $30 per share — at least not yet. On Thursday, Paramount responded to WBD’s latest rejection letter by repeating its view that shareholders should support its hostile takeover bid. “Paramount’s offer is superior to WBD’s existing agreement with Netflix and represents the best path forward for WBD shareholders,” the suitor said in a press release. The …See the Story
Paramount Sticks with $30-per-Share Bid as WBD Backs Netflix Deal
54% Center coverage: 13 sources
