Larry Ellison, Paramount and WBD
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WBD advises shareholders not to take any action as it reviews Paramount's amended takeover offer
Warner Bros. Discovery has confirmed receipt of Paramount's amended, unsolicited tender offer and "consistent with its fiduciary duties and in consultation with its independent financial and legal advisors,
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Don't think Paramount's amended WBD bid will get it over the goal line, says Seaport's David Joyce
David Joyce, Seaport Research Partners senior media equity analyst, joins 'Squawk Box' to discuss Paramount's amended offer to buy Warner Bros. Discovery, impact on Netflix's deal for WBD, and more.
Larry Ellison’s intervention comes as competition heats up between Paramount and streaming giant Netflix to take over WBD.
WBD presented a chronology of events and meetings that occurred, leading to its deal to sell Warner Bros. studios and HBO Max to Netflix, following by David Ellison’s hostile takeover bid and the WBD board’s official rejection of the $30/share bid on Dec.
Seeking Alpha's roundup of statements, announcements, and remarks that could impact markets, sectors, or individual stocks. Read more here.
A new filing says Paramount offered pay and a job to WBD CEO David Zaslav, and gives other takeaways from the bidding war.
Following Warner Bros. Discovery’s Dec. 17 rejection of the Paramount Skydance bid, Paramount is taking another swing.
Trust Assets: Paramount is publishing records confirming that the Ellison family trust owns approximately 1.16 billion shares of Oracle common stock and that all material liabilities of the Ellison family trust are publicly disclosed.
Among the reasons Warner Bros. Discovery listed for rebuffing David Ellison and Paramount include an unfortunately timed letter from the lawyers.