Paramount Skydance launches $108.4B hostile bid for Warner Bros. Discovery after Netflix deal
Lead: On Dec. 8, 2025, Paramount Skydance submitted a $108.4 billion hostile, all-cash offer to acquire all of Warner Bros. Discovery, days after Warner struck an agreement with Netflix valued at $82.7 billion. Paramount Skydance said its $30-per-share tender would cover Warner Bros. Discovery’s debt and provide shareholders a faster, cleaner cash exit. The move … Read more