Warner Bros. Discovery says Paramount makes higher bid, board will weigh offer against Netflix deal

Warner Bros. Discovery says Paramount makes higher bid, board will weigh offer against Netflix deal

CNBC • 11 hours ago

Warner Bros weighing revised bid from Paramount as bidding war escalates

Warner Bros Discovery said on Tuesday it was considering a sweetened bid from Paramount Skydance without disclosing the value of the deal, as the CBS owner races with Netflix in a heated Hollywood takeover battle.

Reuters • 11 hours ago

Warner Bros says revised proposal from Paramount could be considered superior

Warner Bros Discovery said on Tuesday it had determined that the revised proposal from Paramount Skydance could reasonably be considered a superior proposal.

Reuters • 3 hours ago

Warner Bros. Discovery Says Paramount's New Bid Might Top Netflix's

Warner Bros. Discovery on Tuesday said Paramount Skydance increased its all-cash offer for the legacy media company, suggesting the revised bid may be superior to a potential Netflix takeover, extending the contest to acquire the Hollywood studio.

Forbes • 2 hours ago

Warner Bros. is reviewing a new offer from Paramount as the takeover fight heats up

Warner Bros. Discovery says it's reviewing a new takeover offer from Paramount, but it continues to recommend a competing proposal from Netflix to its shareholders in the meantime.

Fast Company • 5 hours ago

Warner Bros. Discovery Says It's Reviewing Paramount's Revised Takeover Offer

Warner Bros. Discovery confirmed today it had a received a revised offer from Paramount and is reviewing it in consultation with our financial and legal advisors. “We will update our shareholders following the Board's review. The Netflix merger agreement remains in effect, and the Board continues to recommend in favor of the Netflix transaction.

Deadline • 11 hours ago

WBD Shocker! Says Paramount Sweeter Offer Might Lead To Better Deal Than Netflix, Will Continue Talks With David Ellison Company

Big news! Warner Bros. Discovery announced that its Board of Directors determined that the revised proposal from Paramount could reasonably be expected to lead to a so-called “Company Superior Proposal” as defined in WBD's merger agreement with Netflix and will continue to talk with the David Ellison company.

Deadline • 3 hours ago

Paramount pushes ahead in Warner Bros. takeover with increased bid of $31 per share

The dramatic deal to acquire Warner Bros. Discovery looks like it may have a cliff-hanger ending after all.

Market Watch • an hour ago

Why the smartest move for Netflix and Paramount is to let the other guy win Warner Bros.

History shows the “loser” in high-stakes bidding wars usually gets the last laugh — and the better stock performance.

Market Watch • 10 hours ago

Paramount Raises Offer for Warner Bros. to $31-a-Share

Warner Bros. says this new offer could lead to a better deal than its existing agreement with Netflix Inc., kicking off another potential bidding battle for the famed Hollywood studio.

Bloomberg Markets and Finance • 2 hours ago