Warner Bros. Discovery Rejects Paramount's $20/shr Takeover Bid As Too Low : Report

rttnews
2025.10.12 15:34
portai
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Warner Bros. Discovery Inc. has rejected Paramount Skydance Corp.'s takeover bid of approximately $20 per share, considering it too low. Paramount, led by David Ellison, is now exploring various strategic options, including raising the bid, appealing to shareholders, or seeking financial backing from a partner.