Paramount Launches Hostile Takeover Bid for Warner Bros. Discovery Valued at $108 Billion

David Ellison is not going away quietly in his quest to land Warner Bros. Discovery. On Monday, Ellison’s Paramount Skydance announced it has commenced an all-cash tender offer to acquire all of the outstanding shares of WBD for $30 per share — the same terms it offered in a Dec. 4 bid submitted to the Warner Bros. Discovery’s board.

Source: Paramount Launches Hostile Takeover Bid for Warner Bros. Discovery Valued at $108 Billion, Seeking to Derail Netflix’s Deal

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