Warner Bros. Discovery (WBD) has rejected Paramount Skydance's $108.4 billion hostile takeover bid, favoring Netflix's merger proposal instead due to its superior terms and value.

Warner Brothers Discovery (WBD) has pushed back against Paramount Skydance’s $77.9 billion hostile takeover bid, telling Oracle founder Larry Ellison .

Harris Associates, the fifth-largest shareholder in Warner Bros Discovery, has signaled openness to a revised takeover ...

It appears Netflix will be the ultimate owner of Warner Bros. Discovery, and a new report has revealed what led the David ...

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Harris Associates, the fifth largest shareholder in Warner Bros Discovery , said on Thursday it would be "very open" to a ...

This comes shortly after Netflix offered to acquire the studio and streaming services of Warner Bros. for $82.7 billion ...

Paramount has pushed back strongly, accusing Warner of confusing shareholders. It said the offer equates to about A$45 per ...

The agreement aims to resolve a yearslong standoff between the popular social media platform and the U.S. government over ...

Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance. Paramount went ...

TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting ...