Paramount made a hostile bid for Warner
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Paramount's bid to acquire Warner Bros. over Netflix has turned hostile as the company aims to acquire a higher stake in television.
Paramount has launched a hostile takeover bid for Warner Brothers Discovery just days after Netflix announced an $83 billion deal to purchase the studio. In a press release, Paramount calls their bid a superior deal and decided to take it straight to shareholders.
On this episode of the NC State Insider Podcast, get a full breakdown of the Wolfpack's win over the Liberty Flames.
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‘That’s Authoritarianism’: Bernie Sanders Rips Trump’s Son-in-Law Backing CNN Takeover Bid
Sen. Bernie Sanders (I-VT) slammed Paramount’s hostile takeover bid for Warner Bros. in a scathing post on social media on Wednesday The post ‘That’s Authoritarianism’: Bernie Sanders Rips Trump’s Son-in-Law Backing CNN Takeover Bid first appeared on Mediaite.
Paramount Skydance’s hostile takeover bid of Warner Bros. Discovery places CNN and its sister cable networks squarely back into what is likely to be an extended period of management limbo.