Paramount reportedly wants to acquire Warner Bros. Discovery, antitrust law be damned
Paramount Skydance, apparently now in a state of permanent merger, plans to make a bid to acquire Warner Bros. Discovery, The Wall Street Journal reports. The company was recently formed following Skydance's acquisition of Paramount for $8 billion. Newly anointed Paramount Skydance CEO David Ellison was able to afford the acquisition thanks to the backing of his billionaire father, Larry Ellison.<br /> Despite Warner Bros. Discovery's public plans to split back into Warner Bros. and Discovery Global, "the bid will be for the entire company, including its cable networks and movie studio," the report says. A successful acquisition of the company will likely be very pricey. According to The Wall Street Journal, "Warner Bros.’s nearly $33 billion market cap is [...]
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David Ellison extends deadline for Warner Bros. Discovery takeover offer
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Paramount makes a $108 billion hostile takeover bid for Warner Bros. Discovery
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The new Warner Bros. and Discovery Global would like you to forget Warner Bros. Discovery
Earlier this summer Engadget covered the news that Warner Bros. Discovery would split into two giant media companies. Today the conglomerate announced the names for the restructured entities.<br /& [...]
Paramount won't quit, files suit against Warner Bros. Discovery over rejected bid
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Netflix is reportedly in exclusive talks to acquire Warner Bros. and HBO
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