Paramount launches hostile takeover bid of Warner Bros. Discovery with cash offer directly to its shareholders after Netflix said it's buying WBD

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by Thinus FerreiraParamount isn't going gently into the good night and on Monday launched a hostile takeover bid of Warner Bros. Discovery, after Netflix and WBD on Friday announced that Netflix is buying WBD.Paramount Skydance is offering an all-cash buy to WBD's shareholders, backed by the Ellison family and RedBird Capital.Whereas Netflix is buying Warner Bros.'s TV and film studios as well as
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Paramount launches hostile takeover bid of Warner Bros. Discovery with cash offer directly to its shareholders after Netflix said it's buying WBD Paramount launches hostile takeover bid of Warner Bros. Discovery with cash offer directly to its shareholders after Netflix said it's buying WBD Reviewed by Admin Blog on 1:24 AM Rating: 5

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