Warner Bros. Discovery recommends investors reject Paramount's hostile takeover bid

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

WBD Advises Shareholders Not To Take Any Action As It Reviews Paramount’s Amended Takeover Offer

Warner Bros. Discovery confirmed receipt of Paramount’s amended, unsolicited tender offer, which it "will carefully review and consider”
Los Angeles Business Journal

Warner Bros. Decides Buyer

Netflix Inc. has forged ahead of Paramount Skydance Corp. in bid for Warner Bros. Discovery Inc. Warner Bros. Discovery’s board of directors rejected
Feedback