Massive Merger Confirmed: Paramount And WBD Reveal Details Of $110 Billion Deal

It’s official. For real this time. Warner Bros. Discovery is selling itself to Paramount for $31 a share in cash in a deal worth $110 billion. The companies unveiled their formal agreement on Friday. WBD jilted previous partner Netflix yesterday after receiving a superior proposal from the David Ellison company. Netflix had four days to […]