US EditionWarner Bros Expected to Reject Paramount's Latest Hostile Bid, CNBC Reports
Warner Bros Discovery plans to reject Paramount's $108 billion bid due to concerns over financing certainty and strategic fit despite Larry Ellison's $40.4 billion personal guarantee.
- Warner Bros Discovery is expected to reject Paramount Skydance's amended $108.4 billion hostile bid, despite billionaire Larry Ellison backing the offer with a personal guarantee.
- Paramount raised its regulatory reverse termination fee and extended its tender offer deadline while keeping the $30-per-share all-cash value unchanged, arguing its bid faces fewer regulatory obstacles than Netflix's $82.7 billion rival bidder.
- The Warner Bros' board previously urged shareholders to reject Paramount's $108.4 billion bid citing concerns about financing certainty and the absence of a full guarantee from the Ellison family, while analysts say Netflix's $82.7 billion offer offers clearer financing and fewer risks, with a $2.8 billion breakup fee.
- The expected rejection could keep Warner Bros Discovery on track to pursue Netflix, while U.S. lawmakers from both parties and President Donald Trump have said they plan to weigh in, increasing regulatory scrutiny.
- Both Warner Bros Discovery and Paramount Skydance declined to comment as the $30-per-share cash value stayed unchanged while Paramount raised its regulatory reverse termination fee.
50 Articles
50 Articles
Everything indicates that the “novela” around Warner Bros. and Paramount would be about to end, as the first one already decided about the intentions of the second.So Warner Bros. would give Paramount a definitive answer at the beginning of 2026, which would close the entire plot around the two companies that copied the headlines in 2025.Warner Bros. will give Paramount a definitive answerAccording to CNBC, Warner Bros. will take advantage of th…
Paramount's mega-bid hits a wall at Warner Bros
Warner Bros Discovery is likely to reject Paramount-Skydance's amended $108.4 billion hostile bid for the storied Hollywood studio, despite a personal guarantee from billionaire Larry Ellison backing the offer, according to a person familiar with the matter. The board has not reached a final decision but is expected to meet next week, the person said, requesting anonymity to discuss internal deliberations. Warner Bros Discovery and Paramount dec…
Warner Bros. Plans to Reject Paramount Offer Next Week
Warner Bros. Discovery Inc. plans to once again reject a takeover bid from Paramount Skydance Corp. after the rival media company amended the terms of its offer, according to people familiar with the company’s thinking.
Warner Bros likely to reject Paramount's latest hostile bid, source says
Warner Bros Discovery will likely reject Paramount Skydance's amended $108.4 billion hostile bid for the storied Hollywood studio despite a personal guarantee from billionaire Larry Ellison backing the media giant's offer, according to a person familiar with the matter.
Media giant Warner Bros. Discovery plans to reject another takeover bid from rival company Paramount, people familiar with the matter said.
Coverage Details
Bias Distribution
- 35% of the sources lean Left, 35% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
