Warner Bros reportedly poised to reject Paramount’s $108bn hostile takeover bid
Decision will pave the way for Netflix to proceed with buyout of film and TV groupWarner Bros Discovery is poised to tell shareholders to reject Paramount’s $108bn (£81bn) hostile bid, according to reports, clearing the way for Netflix to proceed with its buyout of the Hollywood film and TV...
<p>Decision will pave the way for Netflix to proceed with buyout of film and TV group</p><p>Warner Bros Discovery is poised to tell shareholders to reject Paramount’s $108bn (£81bn) hostile bid, according to reports, clearing the way for Netflix to proceed with its buyout of the Hollywood film and TV group.</p><p>The board could announce a decision as early as Wednesday after Paramount Skydance – run by David Ellison and bankrolled by his billionaire father, Larry, who founded Oracle – <a href="https://www.theguardian.com/business/2025/dec/08/paramount-skydance-warner-bros-bid">went directly to shareholders with its rival offer almost two weeks ago</a>.</p> <a href="https://www.theguardian.com/business/2025/dec/17/warner-bros-reportedly-poised-to-reject-paramount-hostile-takeover-bid">Continue reading...</a>
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