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Warner Bros. Discovery rejects Paramount's amended takeover offer

Warner Bros. Discovery has rejected an amended takeover offer from Paramount Skydance, stating that it is committed to a previously agreed $82.7 billion deal with Netflix. The company emphasized that Paramount's offer was deemed inferior in several key aspects compared to their merger agreement with Netflix.

Warner Bros. Discovery rejects Paramount's amended takeover offer

Credit: Nbcnews

Key Highlights

  • Warner Bros. Discovery rejected Paramount Skydance's takeover offer.
  • The company is committed to a $82.7 billion deal with Netflix.
  • The Warner Bros. board found Paramount's offer inferior across multiple key areas.
  • This marks the latest rejection in David Ellison's pursuit of Warner Bros.
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Sources

  1. Warner Bros. Discovery rejects Paramount's amended takeover offer
  2. Warner Bros. Board Rebuffs Paramount’s Latest Buyout Offer

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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