NEW YORK (AP) — Paramount on Monday launched a hostile takeover offer for Warner Bros. Discovery, initiating a potentially bruising battle with rival bidder Netflix to buy the company behind HBO, CNN ...

Warner Bros. Discovery’s (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellison’s Paramount Skydance, calling the offer “illusory,” and saying that Paramount ...

Warner Bros. Discovery’s board will review an offer from tech tycoon Larry Ellison to personally guarantee Paramount Skydance’s $78 billion hostile takeover bid – adding a fresh twist to a bidding war ...

Warner Bros. Discovery is officially rejecting Paramount’s buyout offer, calling it “illusory” and arguing that the existing plan to sell most of the media company to Netflix is a better deal for ...

The board of Warner Bros. Discovery (WBD) plans to reject Paramount Skydance's (PSKY) hostile takeover bid and stick to the original offer made by Netflix (NFLX), according to media reports on Tuesday ...

LOS ANGELES — Warner Bros. Discovery's board rejected Paramount Skydance's $108.4 billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances. In a letter to ...

Warner Bros. Discovery on Wednesday urged shareholders to reject Paramount Skydance's $108.4 billion hostile takeover bid, arguing that it created "significant risks and costs" for the company and ...

Warner Bros. agreed this month to sell its streaming and studio assets to Netflix Inc. Paramount, the film and TV company backed by the family of Oracle Corp. co-founder Larry Ellison and the ...

Warner Bros. Discovery’s board has formally said “no thanks” to the $108 billion takeover bid from David Ellison’s Paramount Skydance and unanimously reiterated its support for the Netflix deal.