Paramount's Amended Offer “Not Sufficient,” Major Warner Bros. Discovery Shareholder Says [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
“The changes in Paramount's new offer were necessary, but not sufficient,” Harris Oakmark, portfolio manager and Director of U.S. Research Alex Fitch, told Reuters after the new Paramount proposal was revealed. More from Deadline '60 Minutes' Segment Pulled By CBS News Chief Bari Weiss Surfaces Online Hollywood's Big New Labor Deal: Studios To Offer Guilds' Health Plans $100M Lifeline In Exchange For Longer Multi-Year Contracts In 2026 WBD Advises Shareholders Not To Take Any Action As It Reviews Paramount's Amended Takeover Offer Oakmark, identified by Reuters as Warner Bros' fifth largest shareholder, owning 96 million shares or about 4% of shares as of the end of September, indicated that the David Ellison-led and Larry Ellison-backed Paramount will need to step up further to have a chance of snatching WBD away from bidding war winner Netflix. “We see the two deals as a toss-up, and there is a cost to changing paths,” he said. “If Paramount is serious about winning, th
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WBD
News
- Bari Weiss suggests CECOT '60 Minutes' piece she delayed wasn't 'fair' in memo to staffers [FOX News]FOX News
- Disney Seen as Potential Winner as Warner Bidding Battle Plays Out [Yahoo! Finance]Yahoo! Finance
- 1 Surging Stock with Promising Prospects and 2 We Find Risky [Yahoo! Finance]Yahoo! Finance
- Regina Hall worked with Leo, but SpongeBob was a dream come true [CNN]CNN
- Warner Bros. Bidding War, Paramount-Skydance Merger Headline an Active Year of Media M&A [Yahoo! Finance]Yahoo! Finance
WBD
Earnings
- 11/6/25 - Miss
WBD
Sec Filings
- 12/23/25 - Form 4
- 12/23/25 - Form 4
- 12/23/25 - Form 4
- WBD's page on the SEC website