Warner Bros. Mulls Sale
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Warner Bros. Discovery is reportedly set to ask potential bidders to sign nondisclosure agreements in the near future.
David Ellison's Paramount Skydance wants to acquire Warner Bros. Discovery, which says it's evaluating multiple options. Here's what a combined Paramount-WBD would look like.
Earlier, Warner Bros. turned down Paramout Skydance's bid as the offer of around $20 per share was considered too low
Benchmark analyst Matthew Harrigan even boosted his stock price target by $7 to $25 following Tuesday's news that the conglomerate's board will review various deal and other options.
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Warner Bros Discovery Has Received Interest From Multiple Parties For All Or Part Of Company
Warner Bros. Discovery says it's received unsolicited acquisition interest from multiple parties and is initiating a review of strategic alternatives.
A potential acquisition of Warner Bros. Discovery by Paramount could spark antitrust scrutiny, although President Trump’s connection to Larry Ellison might “help smooth the path for a deal,” media analysts told Newsweek.
A letter from Paramount’s chief executive, David Ellison, to Warner Bros.’ board of directors reveals weeks of talks between the companies.
CEOs Ted Sarandos and Greg Peters talk media M&A as Warner Bros. Discovery put itself on in play. They look at everything, but don't need it.