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, will carefully review and consider” it. Paramount Skydance has offered to acquire all of WBD’s outstanding shares for $30 each in cash. Its sixth and previous bid […]