PBS

Warner Bros asks investors to reject takeover bid by Paramount Skydance

NEW YORK (AP) — Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers and creators. “Today the Warner ...
Los Angeles Times

Warner Bros. rejects Paramount’s hostile bid, accuses Ellison family of failing to put money into the deal

This is read by an automated voice. Please report any issues or inconsistencies here. Warner Bros. Discovery accuses Paramount of failing to commit real money behind its $78-billion bid despite claims ...
Los Angeles Times

Larry Ellison pledges $40-billion personal guarantee for Paramount’s Warner Bros. bid

This is read by an automated voice. Please report any issues or inconsistencies here. Oracle founder Larry Ellison personally guarantees $40.4 billion to support his son’s Paramount bid for Warner ...
The New York Times

Warner Bros. Says Ellisons ‘Misled’ Shareholders in Takeover Bid

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 ...
Bloomberg L.P.

Warner Bros. Plans to Reject Paramount Bid on Funding, Terms

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 ...
The New York Times

Larry Ellison Personally Guarantees Paramount Bid for Warner Bros.

Mr. Ellison’s personal guarantee is meant to address concerns that the Warner Bros. Discovery’s board had expressed about Paramount’s original offer. By Lauren Hirsch Paramount said on Monday that ...
CNN

Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion

Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to ...
PBS

Proposed Warner Bros. sale prompts concerns among Hollywood's creative community

Paramount is engaged in a battle to buy Warner Bros., but Netflix's proposed $83 billion offer is still considered the favorite, for now. Talk of this deal has triggered widespread fears in Hollywood ...
CNN

Warner Bros. chose Netflix over Paramount — again. Now what?

Early Wednesday morning, Warner Bros. Discovery, CNN’s parent company, published a letter to shareholders and an SEC filing, formally rejecting Paramount’s latest offer for the entire company, deeming ...
The Hollywood Reporter

Larry Ellison Agrees to Personally Guarantee Paramount Bid for Warner Bros. in Revised Offer

The company also agreed to raise its termination fee $5.8 billion to match Netflix, and extended the end date for the offer to Jan. 21. By Alex Weprin Senior Editor David Ellison’s Paramount has sent ...
Variety

Warner Bros. Discovery Rejects Paramount $30/Share Acquisition Offer, Calling It ‘Inferior’ to Netflix Deal and Alleging Ellisons Aren’t Providing ‘Full Backstop’ for ...

Warner Bros. Discovery’s board has formally said “no thanks” to the $108 billion takeover bid from David Ellison’s Paramount Skydance and unanimously reiterated its support for the Netflix deal.
Reuters

Warner Bros Discovery board rejects rival bid from Paramount

LOS ANGELES, Dec 17 (Reuters) - Warner Bros Discovery's (WBD.O), opens new tab board spurned Paramount Skydance's (PSKY.O), opens new tab $108.4 billion hostile takeover bid on Wednesday, calling the ...