Warner Bros. to Reject Paramount Skydance Hostile Bid Over Financing and Terms
Warner Bros. Discovery on December 16, 2025 signaled it will advise shareholders to reject a hostile takeover attempt by Paramount Skydance, citing doubts about how the bid would be financed and other deal terms. According to people familiar with the board’s deliberations, Warner Bros. directors concluded that the company’s existing agreement with Netflix offers greater … Read more