By Harshita Mary Varghese, Jaspreet Singh and Dawn Chmielewski (Reuters) -Warner Bros Discovery's board rejected a nearly $60 billion offer from Paramount Skydance on Tuesday, a source said, and the company announced it would explore its options for the sale of the company. Reuters exclusively reported that the company's board rejected a mostly cash offer of nearly $24 a share for the company, whose assets include the Warner Bros film and television studios, its CNN and other cable television networks and its HBO Max streaming service, according to a source familiar with the matter. Shares of the company closed 11% higher on Tuesday. Warner Bros and Paramount declined to comment. Comcast is likely to examine the media firm's assets, another source told Reuters on Tuesday. Netflix is also a
Warner Bros Discovery rejects Paramount offer, source says, company ponders sale options

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