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Stock impact report

Warner Bros. Discovery Says It Will “Carefully Review and Consider” Paramount's Revised Offer [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
The company confirmed receipt of the revised tender offering Monday evening. More from The Hollywood Reporter Larry Ellison Agrees to Personally Guarantee Paramount Bid for Warner Bros. in Revised Offer Netflix's Ted Sarandos, Greg Peters Visit Warner Bros. Studio Lot With David Zaslav Senators Call on Attorney General Pam Bondi to Recuse Herself From Warner Bros. Sale Review “Warner Bros. Discovery will review the Amended Tender Offer and advise its stockholders of the Board's recommendation after the completion of that review,” the company said, adding that the board, “consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, will carefully review and consider Paramount Skydance's offer in accordance with the terms of Warner Bros. Discovery's agreement with Netflix, Inc.” Monday's revised offer included a full backstop personally guaranteed by David Ellison's father Larry Ellison. It also saw Paramount increase the termi Show less Read more
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