business

Warner Bros. Discovery rejects Paramount’s bid again, calls it a ‘leveraged buyout’ - TechCrunch

The studio's board unanimously rejected Paramount Skydance's revised $108.4 billion bid, calling the proposal a "leveraged buyout" that would saddle the company with $87 billion in debt.

By:Ram Iyer
Source:TechCrunch
Published:
Warner Bros. Discovery rejects Paramount’s bid again, calls it a ‘leveraged buyout’ - TechCrunch
The bidding war for Warner Bros. Discovery (WBD) and its extensive library of hit TV shows and films like “Harry Potter,” “Game of Thrones,” and the DC Comics titles is dragging on. The studio on We… [+2286 chars]

Related News