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-0.000701139351446085 -0.00175284837861527 -0.00210341805433838 -0.00350569675723055 -0.00385626643295353 -0.00526906222611749 -0.00771253286590718 -0.00701139351446097
Stock impact report

Warner Rejected Paramount's Tender Offer. What to Know. [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Warner Bros. Discovery on Wednesday recommended shareholders reject Paramount's unsolicited bid for the company, questioning the funding structure for the deal. In response to Warner's rejection, Paramount said its offer is still good. Chief Executive David Ellison said in a statement, “Our proposal clearly offers shareholders superior value and certainty, a clear path to close, and does not leave them with a heavily indebted sub-scale linear business.” Show less Read more
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