|
It only took a weekend. Paramount is jumping into the fray with a hostile takeover bid, challenging Netflix's deal to buy Warner Bros. Discovery. Paramount's offer is valued at over $108 billion.
|
RELATED ARTICLES | | | | |
|
Even as Paramount and Warner Brothers shares soared, the broader market declined as investors awaited the Fed's rate-setting meeting on Wednesday.
|
|
The president has shattered norms by pledging to "be involved" in the regulatory fate of a transaction that could reshape the news and entertainment industries.
|
|
Paramount has launched a hostile bid for the company that's home to Casablanca, Batman and CNN. Just Friday, Netflix and Warner Brothers executives were celebrating a deal they had struck.
|
RELATED ARTICLES | | | | |
|
