WBD board tells shareholders to reject Paramount Skydance takeover offer

December 17, 2025

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1 min read

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CNBC

Paramount launched a hostile bid for WBD, taking a $30-per-share, all-cash offer directly to shareholders.

The Warner Bros. Discovery board on Wednesday said it unanimously recommended that WBD shareholders reject a takeover offer from Paramount Skydance and stick with a "superior" proposal from Netflix . Last week, Paramount launched a hostile bid for WB... [4306 chars]

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