‘Largest LBO in history’: Warner rejects Paramount again, scoffing at $87 billion worth of debt in its $108 billion bid

Warner continues to stick with Netflix, the shock winner that emerged in early December from the auction begun by Paramount.

David Ellison Takes Warner Bros. to Court as Paramount Launches Proxy Battle Over Netflix Bid

In a letter to WBD shareholders Monday, Paramount CEO David Ellison said his company has filed suit against WBD in Delaware ...

Warner Bros. Discovery Officially Rejects Paramount’s Revised Offer, Stands by Netflix Deal

Paramount released a revised tender offer last month, with Larry Ellison agreeing to personally backstop the deal. WBD says ...
Axios on MSN

Warner Bros. Discovery board again rejects Paramount's hostile bid

Warner Bros. Discovery's board on Wednesday unanimously rejected Paramount's updated hostile takeover bid, arguing the offer ...

Why Warner Bros. Discovery dialed up the heat in its latest rejection of Paramount

Warner Bros. Discovery rejects Paramount Skydance's leveraged buyout bid again, citing financial and litigation risk ...

Warner Bros. Urges Shareholders To Reject Paramount’s Amended Takeover Bid

Warner Bros. Discovery’s board told shareholders Paramount’s amended offer was inferior to Netflix’s takeover bid.
CBS News

Jared Kushner's Affinity Partners backs out of Paramount Skydance's hostile bid for Warner Bros. Discovery

Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...

Warner nixes Paramount’s bid (again), citing proposed debt load

Warner’s board was not swayed by tech billionaire Larry Ellison's personal guarantee to back the equity portion of ...