The company's board said in a statement Wednesday that it determined that the Paramount offer "is not in the best interests ...

The board of directors for Warner Bros. Discovery is pressuring its shareholders to reject the hostile takeover by Paramount ...

Warner Bros. Discovery told shareholders Netflix’s deal was better than Paramount’s offer, urging them to reject the latter.

Paramount’s bid for Warner, if completed, would be the biggest hostile tender offer in a competitive process to succeed. The ...

Earlier this month, Paramount launched an all-cash tender offer partially financed by Kushner's private equity firm, Affinity ...

Streaming giant Netflix appeared to win the bidding war for Warner Bros. Discovery last week, when the two firms announced ...

Hostile takeovers work about 24% of the time in the U.S., according to a study of more than 54,000 M&A transactions from 1990 ...

After Paramount accused Warner Bros. of treating it unfairly during the deal talks, Warner Bros. has now gone on the ...

Among the more notable flameouts was the hostile takeover of TWA by Icahn in 1986. The contest began with Icahn’s quest to ...

Warner Bros Discovery has rejected a hostile takeover bid from Paramount, citing that the proposed merger with Netflix offers ...

A high-stakes bidding war heated up this week when Paramount made a hostile takeover bid for Warner Bros. Discovery, ...

If Paramount’s $30-per-share, all-cash bid worth $108 billion (including debt) for complete ownership of WBD succeeds, it’ll be the fourth-largest hostile takeover to be completed over the past 20 ...