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Warner Bros. rejects Paramount bid

Warner Bros. Discovery advises shareholders to reject Paramount’s offer but the battle isn’t over

Warner Bros. Discovery is officially rejecting Paramount’s buyout offer, calling it “illusory” and arguing that the existing plan to sell most of the media company to Netflix is a better deal for shareholders.

· 13h · on MSN

Warner Bros. rejects Paramount's hostile bid, accuses Ellison family of failing to put money into the deal

· 3h · on MSN

Warner Bros. urges investors to reject Paramount bid

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Warner Bros Asks Investors to Reject Takeover Bid From Paramount Skydance

Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers.

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What to know about bidding war between Netflix and Paramount for Warner Bros.

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Here's what Netflix's co-CEOs are saying after WBD rejected Paramount's hostile bid

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Trump enters Warner Bros. fight, says it’s ‘imperative that CNN be sold’

President Donald Trump inserted himself directly into the battle for control of Warner Bros. Discovery on Wednesday, saying, “It’s imperative that CNN be sold,” while deriding the network’s news coverage.

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Trump says CNN should be sold as part of any Warner Bros. deal

The president's comments are notable because the proposed deal with Netflix wouldn't include cable channels owned by Warner Bros. Discovery, such as CNN and TNT.

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Warner Bros. Golden Parachutes Revealed: What David Zaslav and C-Suite Will Get In a Deal

The CEO stands to gain $567 million if a deal is sealed to sell the WB empire while longtime lieutenant Gunnar Wiedenfels will see $144 million in cash and stock considerations if a transaction closes.

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Senators demand AG Pam Bondi recuse herself from Warner Bros. antitrust review

Warner Bros. Discovery CEO David Zaslav said Wednesday that the regulatory review of Warner’s deal with Netflix has begun, even as Paramount mounts a hostile takeover bid.