Warner Bros. Wants to Take the Netflix Deal—and It Calls Paramount's Offer 'Illusory' [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
Paramount maintained that its deal was "superior." The response from Warner to Paramount's offer last week was to be expected, and likely means shareholders of all three companies will be in for a ride. The biggest entertainment deal in history promises more drama. The latest: Warner Bros. Discovery ( WBD ) on Wednesday published a letter criticizing Paramount Skydance's ( PSKY ) offer to acquire the company, saying its all-cash bid—which followed an agreement by Warner Bros. to merge with Netflix ( NFLX )—came with "an untenable degree of risk" and urging shareholders to reject Paramount's "illusory" all-cash deal. The response from Warner to Paramount's hostile takeover offer last week was to be expected, and likely means shareholders of all three companies will be in for a ride until a deal closes. Paramount's stock was down about 4%, while Netflix's rose more than 1%. Warner Bros.' shares were off almost 2%. The volatility likely won't stop after a deal is nailed down, as
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News
- 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
- Warner Bros. Discovery Rejects Paramount's $108 Billion Bid. Here's One Reason Why. [Yahoo! Finance]Yahoo! Finance
- $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