Warner Bros. rejects revised US$108B Paramount buyout bid
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Warner Bros. rejects revised US$108B Paramount buyout bid
Warner Bros Discovery’s board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying its revised US$108.4 billion hostile bid amounted to a risky leveraged buyout that investors should reject. In a letter to shareholders on Wednesday, Warner Bros’ board said Paramount’s offer hinges on “an ...
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