Warner Bros, Paramount and hostile bid
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Larry Ellison is backstopping Paramount’s bid for Warner Brothers, but Warner Brothers is concerned that the billionaire has not provided a personal guarantee to pay.
Even if Paramount Skydance Corp. manages to take over Warner Bros. Discovery Inc. against the company’s will, it faces another high hurdle: coping with the colossal $54 billion of debt it’s planning to take on.
Stephen Colbert wonders why 'The Late Show' was canceled if Paramount has $108 billion to offer for Warner Bros. Paramount's bid to buy Warner Bros. has one of its stars curious about the economics of the possible deal.
Paramount’s $108.4 billion takeover led by David and Larry Ellison could give the family unprecedented control of major film studios.
A high-stakes bidding war heated up this week when Paramount made a hostile takeover bid for Warner Bros. Discovery, challenging a multibillion-dollar Netflix deal to buy the entertainment juggernaut.
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Insider: Paramount Skydance to Hold Firm at $30-a-Share Offer to Warner Bros. Discovery Shareholders
Paramount Skydance is holding firm at its $30-per-share offer to shareholders to buy Warner Bros. Discovery and believes a majority will tender their shares despite the pressure to increase its bid for the legacy Hollywood studio, TheWrap has learned.
No, it’s not Netflix’s quest to acquire Warner Bros. Discovery. It’s Sumner Redstone’s long and painful struggle with Barry Diller to control Paramount three decades ago. The outcome reordered the media industry and created a new Hollywood dynasty.
Several Hollywood unions, including the Writers Guild of America and Teamsters, have expressed serious concerns over a potential sale of Warner Bros. Discovery or its assets to Netflix or Paramount.
Paramount is taking its case to Warner Bros. Discovery shareholders after launching a hostile takeover offer to pry the company away from Netflix.
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Paramount highly motivated to get WBD deal done to address scale deficit, says Wolfe's Peter Supino
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