We thought that $82.7 billion was a big number. But, well, we just hadn’t met $108 billion yet. The battle to own Warner Bros. felt like it had come to an end when Warner Bros. Discovery elected to move forward with Netflix’s bid to purchase Warner Bros . But it’s not over yet. Paramount Skydance has now launched a hostile takeover of Warner Bros., with a $108 billion bid. Paramount claims that its bid for ownership of Warner Bros. is “a strategically and financially compelling offer to WBD shareholders” and “provides a superior alternative to the Netflix transaction, which offers inferior and uncertain value and exposes WBD shareholders to a protracted multi-jurisdictional regulatory clearance process with an uncertain outcome along with a complex and volatile mix of equity and cash.” T
Paramount Launches Takeover of Warner Bros. Against Netflix
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