#hostile-bid

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#mergers--acquisitions #warner-bros-discovery #paramount-vs-netflix #corporate-takeover #media-consolidation
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fromwww.theguardian.com
5 days ago
Business

Paramount launches $108.4bn hostile bid for Warner Bros Discovery

Paramount Skydance launched a $30-per-share hostile all-cash offer to acquire Warner Bros Discovery, topping Netflix's $27.75-per-share bid and seeking full-company control.
fromABC7 Los Angeles
5 days ago
Film

Paramount goes hostile in bid for Warner Bros., challenging a $72B bid by Netflix

Paramount launched a $30-per-share hostile bid for Warner Bros. Discovery, urging shareholders to reject Netflix's competing acquisition and criticizing regulatory and transaction risks.
more#mergers--acquisitions
fromSlate Magazine
3 days ago

The Fight Over The Future of Movies

Last Friday, Netflix announced that they would be acquiring Warner Bros. Discovery, a massive megamerger that would let the number one streaming service acquire the third biggest streamer (HBO Max), the entire Warner Bros. film catalog, its cable channels, and the Discovery+ streaming service. But before any shareholders could celebrate, Paramount Skydance, the megaconglomerate led by the Trump-favored Ellison family, launched a hostile takeover. Which company will emerge victorious here...will the biggest loser be the cinephile consumer?
Business
US news
fromwww.theguardian.com
4 days ago

Netflix faces consumer class-action lawsuit over $72bn Warner Bros deal

A consumer class-action lawsuit seeks to block Netflix's proposed $72bn acquisition of Warner Bros Discovery's studio and streaming businesses over antitrust concerns.
Business
fromBusiness Insider
5 days ago

Saudi Arabia, Qatar, Abu Dhabi are backing the Ellisons' hostile bid for Warner Bros. Why?

Saudi Arabia, Qatar, and Abu Dhabi are set to invest billions in a Paramount–Warner Bros. Discovery merger while claiming no governance rights.
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