Paramount Just Made a Shocking Move to Steal Warner Bros. From Netflix |
It says the deal offers superior shareholder value and would close more quickly.
BY AVA LEVINSON, NEWS WRITER
(Getty Images)
Paramount just announced a $77.9 billion hostile takeover bid for Warner Bros. Discovery. The tender offer comes days after Netflix launched its $72 billion agreement to acquire the company.
The media giant says its offer of $30 per share “provides shareholders $18 billion more in cash than the Netflix........