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Message
Warner Bros rebuffs Paramount takeover approach, Per Bloomberg
Posted on 10/12/25 at 9:48 am
Posted on 10/12/25 at 9:48 am
quote:
Warner Bros Discovery (WBD.O) has rebuffed Paramount Skydance's (PSKY.O) initial takeover approach as too low, Bloomberg News reported on Saturday.
Warner Bros rejected Paramount's offer of around $20 per share in recent weeks, the report said, citing people familiar with the matter.
Paramount, led by David Ellison, is exploring several paths in its bid for Warner Bros, including increasing its offer, appealing directly to shareholders or securing extra support from a financial partner, Bloomberg said.
Paramount has been in talks with alternative asset manager Apollo Global Management about backing its bid, Bloomberg reported earlier this week.
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Posted on 10/12/25 at 10:41 am to RLDSC FAN
Warner Bros. will eventually sell. It is a matter of price.
Not surprised the first offer rejected. I would expect it.
Not surprised the first offer rejected. I would expect it.
Posted on 10/12/25 at 10:56 am to moviefan8
No doubt. They'll likely bring in some private equity to get to the number Zaslav wants
Posted on 10/12/25 at 12:09 pm to RLDSC FAN
Remember when like 5 companies didn’t own everything?
Remember when not everything sucked?
Remember when not everything sucked?
Posted on 10/12/25 at 12:37 pm to thenza
Yeah, it's unfortunate. I think this will be the 4th different ownership for WB in the past decade
Posted on 10/12/25 at 12:58 pm to thenza
quote:
Remember when like 5 companies didn’t own everything? Remember when not everything sucked?
I work in cybersecurity and it’s turning into that in that field. Gets old.
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