Warner Bros. Discovery (NASDAQ:WBD) on Tuesday rejected the latest hostile takeover bid from Paramount Skydance (NASDAQ:PSKY), giving the David Ellison-led company until February 23 to submit its ...
The exec left Paramount last year amid the Skydance merger.
A bidding war is heating up as Netflix considers raising its offer for Warner Bros Discovery, after rival Paramount Global tabled a higher bid.
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