Behind Paramount's Hostile $108 Billion Bid For Warner Bros Discovery Was— Unanswered Texts?

Benzinga 2025-12-09

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Paramount Skydance escalated to a hostile $108.4B bid for Warner Bros. Discovery after months of unanswered proposals, arguing its fully financed $30-per-share offer is superior to WBD’s agreement with Netflix. Paramount says WBD rejected stronger terms and chose a deal with higher regulatory risk.

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