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Paramount Skydance Continues to Insist Its Warner Bros. Discovery Offer at $30/Share Is Better Than Netflix’s Deal

Paramount Skydance has reaffirmed its $30 per share all-cash offer to acquire Warner Bros. Discovery, arguing that its proposal is superior to the current deal with Netflix. Despite Warner Bros.

David Ellison - Paramount Skydance CEO

David Ellison - Paramount Skydance CEO

Credit: Variety

Key Highlights

  • Paramount Skydance offers $30 per share for Warner Bros. Discovery.
  • Warner Bros. Discovery has rejected the offer, calling it insufficient.
  • Paramount claims its offer is better than the deal with Netflix.
  • CEO David Ellison asserts that Paramount has addressed all concerns raised by WBD.
  • Paramount's financing for the acquisition is confirmed to be sound.
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Sources

  1. Paramount Skydance Continues to Insist Its Warner Bros. Discovery Offer at $30/Share Is Better Than Netflix’s Deal
  2. Paramount Reaffirms $30 A Share Cash Offer For Warner Bros. Discovery

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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