Warner Bros. Discovery Rejects Paramount’s Latest Takeover Offer, Says It’s Still ‘Insufficient’ Compared With Netflix Deal

The song remains the same: Warner Bros. Discovery has turned down the latest acquisition offer by David Ellison’s Paramount Skydance, and WBD’s board is continuing to back the company’s deal with Netflix. On Wednesday, WBD officially responded to Paramount’s latest $30/share all-cash bid for all of Warner Bros. Discovery — its eighth takeover offer to […]