Warner Bros. Discovery’s board could announce a decision as early as Wednesday on Paramount Skydance’s $108.4 billion takeover bid, with the board likely to advise shareholders to vote against the ...

Warner Bros. Discovery on Wednesday urged shareholders to reject Paramount Skydance's $108.4 billion hostile takeover bid, arguing that it created "significant risks and costs" for the company and ...

The claim was made as part of Warner Bros. Discovery’s dismissal of Paramount’s hostile takeover offer. By Lauren Hirsch and Brooks Barnes Warner Bros. Discovery went on the attack against Larry and ...

Warner Bros. Discovery's board has formally rejected the $108 billion takeover bid from Paramount Skydance, the company announced. WBD said it remains committed to its $82.7 billion deal with Netflix, ...

Warner Bros. Discovery recommended that shareholders reject Paramount's tender offer. WBD said that the non-binding offer could be terminated at any time. Paramount gave a full-throated response. WBD ...

Warner Bros. Discovery Inc. is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said. After ...

David Ellison submitted his revised tender offering, backed by his father Larry Ellison, Monday morning. By Alex Weprin Senior Editor Warner Bros. Discovery‘s board of directors says that it will ...

Warner Bros. Discovery on Wednesday disclosed a fourth bidder submitted an offer for the company, adding to bids from Netflix, Paramount and Comcast, though little is known about the unnamed firm.

The board of Warner Bros. Discovery (WBD) plans to reject Paramount Skydance's (PSKY) hostile takeover bid and stick to the original offer made by Netflix (NFLX), according to media reports on Tuesday ...

Warner Bros. Discovery’s (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellison’s Paramount Skydance, calling the offer “illusory,” and saying that Paramount ...

Paramount Skydance’s hostile bid for Warner Bros. Discovery appeared to be on shakier ground Wednesday, after the Warner Bros. board urged shareholders to reject Paramount’s offer and stick with the ...

LOS ANGELES — Warner Bros. Discovery's board rejected Paramount Skydance's $108.4 billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances. In a letter to ...