Warner Bros. Discovery Rejects Paramount's $108 Billion Bid. Here's One Reason Why. [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
Paramount gave a full-throated response. 10 stocks we like better than Warner Bros. Discovery › Paramount Skydance's (NASDAQ: PSKY) last-ditch bid to win the bidding war for Warner Bros. Discovery (NASDAQ: WBD) took a step backward on Wednesday after WBD recommended that its shareholders reject Paramount's tender offer , or the hostile takeover it made last week. Instead, the WBD board said the company should move ahead with the agreed sale to Netflix (NASDAQ: NFLX) WBD gave several reasons for that decision, but the crux of the argument appeared to be that the Paramount offer was not as sound as Netflix's. In a press release announcing the decision, WBD said that the Ellison family, which would fund the $108 billion offer, had not provided an equity backstop, meaning a commitment of other funding if the financing falls through. It also called Paramount's offer non-binding, meaning Paramount could back out at any time. WBD pushed back on Paramount's argument that its offer re
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WBD
News
- Analyst explains why film talent 'hates' Netflix, says merger would be 'bigger than everybody else combined' [FOX Business Network]FOX Business Network
- Who matters in the battle for Warner Bros? [Yahoo! Finance]Yahoo! Finance
- Senators demand AG Pam Bondi recuse herself from Warner Bros. antitrust review [CNN]CNN
- $HAREHOLDER ALERT: The M&A Class Action Firm Launches Legal Inquiry for the Merger--AWK, SNDA, THS, and WBDPR Newswire
- Senators demand AG Pam Bondi recuse herself from Warner Bros. antitrust review [CNN]CNN
WBD
Earnings
- 11/6/25 - Miss
WBD
Sec Filings
- 12/17/25 - Form DFAN14A
- 12/17/25 - Form SC
- 12/17/25 - Form DFAN14A
- WBD's page on the SEC website