Warner Bros. Discovery’s (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellisons Paramount Skydance, calling the offer “illusory,” and saying that Paramount ha… [+1059 chars]
Warner Bros. Discovery rejects Paramount’s hostile bid, calls offer ‘illusory’ - TechCrunch
Warner Bros. Discovery called Paramount's offer "illusory" and said that the company had misled shareholders about its financing.
By:Aisha Malik
Source:TechCrunch
Published:
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