Warner Bros. Discovery called Paramount's offer "illusory" and said that the company had misled shareholders about its financing.
Warner Bros. Discovery rejects Paramount’s hostile bid, calls offer ‘illusory’
Published 2 hours ago
Source: techcrunch.com
Categories
Media & EntertainmentMergers and AcquisitionsNetflixParamountWarner Bros
Related Articles from techcrunch.com
5 minutes ago
Rad Power Bikes files for bankruptcy and is looking to sell the business
1 hour ago
Radiant Nuclear raises $300M for its semi-sized 1 MW reactor
1 hour ago
Google launches Gemini 3 Flash, makes it the default model in the Gemini app
1 hour ago
Coursera and Udemy enter a merger agreement valued at around $2.5B
1 hour ago
Bluesky launches a privacy-focused ‘find friends’ feature without invite spam
2 hours ago