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Warner Bros may reject Paramount's latest hostile bid worth $108 billion despite Larry Ellison guarantee: Report

Warner Bros. Discovery is expected to reject Paramount Skydance's amended $108.4 billion hostile takeover bid during a board meeting next week, despite a personal guarantee from Larry Ellison. The move comes as Warner Bros.

Warner Bros may reject Paramount's latest hostile bid worth $108 billion despite Larry Ellison guarantee: Report

Credit: Livemint

Key Highlights

  • Warner Bros. Discovery plans to reject Paramount's $108.4 billion bid.
  • Larry Ellison personally guaranteed the equity for Paramount's offer.
  • The Warner Bros. board will meet next week to discuss the bid.
  • Warner Bros. is pursuing a cash-and-stock deal with Netflix.
  • Concerns about regulatory delays are influencing the board's decision.
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Sources

  1. Warner Bros Plans to Reject Paramount Offer Next Week
  2. Warner Bros may reject Paramount's latest hostile bid worth $108 billion despite Larry Ellison guarantee: Report
  3. Warner Bros. Discovery Set To Reject Paramount’s Latest Takeover Bid After Board Meets Next Week

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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