Warner Bros. Discovery (NASDAQ:WBD) stock is back in focus today, after the media giant's board of directors unanimously rejected a $108.4 billion hostile takeover bid from Paramount Skydance (NASDAQ: PSKY), noting the company failed to provide financing assurances. This rejection reaffirmed Netflix Inc's (NASDAQ:NFLX) $72 billion buyout offer as the stronger option.WBD is down 0.4% to trade at $28.79 at last glance, on track for its third-straight daily loss. Nevertheless, the stock still sports a 169% ye ...

华纳兄弟探索公司拒绝派拉蒙全球收购要约 - 华纳兄弟探索公司董事会正式拒绝派拉蒙全球以每股30美元全现金方式收购公司的要约 [1][2] - 拒绝理由涉及多个方面 包括对交易融资确定性的重大担忧 [2][3] 交易融资与埃里森家族角色 - 华纳兄弟董事会指出 派拉蒙持续误导其股东 声称其提议的交易拥有埃里森家族的“完全担保” 但董事会声明此类担保并不存在且从未存在 [3] - 董事会认为 派拉蒙提议让股东依赖一个未知、不透明且可撤销的信托来确保这笔关键交易的资金 这是不可接受的 [4] - 尽管埃里森家族拥有充足的资源 例如拉里·埃里森在家族信托中持有的11亿股甲骨文公司股份 并且在战略评估过程中多次保证将提供融资承诺 但该家族最终选择不为派拉蒙的收购要约提供担保 [4] - 派拉蒙在其最新出价中使用了“担保”一词 声称埃里森家族将为完成交易所需的大约80亿美元股权融资提供保障 [5] 并购过程与竞争态势 - 华纳兄弟方面表示 其进行了全面、透明和具有竞争性的评估 并建立了公平的竞争环境 以促成严格且公平的流程 [5] - 派拉蒙则持相反观点 认为自身可能从一开始就处于不利地位 尤其是在其最终报价甚至未得到回应之后 [6] - 董事会不认为派拉蒙与网飞之间存在重大的监管风险差异 这与外界认为派拉蒙交易会更快、更容易通过监管审查的观点相左 [6][7] 行业背景与后续展望 - 根据不同的衡量标准 网飞是第一大流媒体服务商 而华纳兄弟探索公司位列第三或第四 目前网飞与华纳兄弟已达成合并协议 [7] - 关键问题在于派拉蒙是否会提高报价 这可能触发网飞在合并协议中享有的匹配权 迫使网飞提出更高报价 [7] - 融资问题似乎是导致派拉蒙此次收购失败的关键障碍之一 尽管其发起了竞购并提出了大约六次报价 [7]

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Ellison Family Has Still Not Provided an Equity Backstop, Despite Headline Claims WBD Board's Full, Fair and Transparent Review Established a Level Playing Field in a Competitive Process Reiterates Recommendation in Support of Netflix Combination, Which Represents Superior, More Certain Value for Shareholders No Material Difference in Regulatory Risk Between PSKY Offer and Netflix Merger Paramount Offer Reflects Inadequate Value and Imposes Numerous, Significant Risks and Costs on WBD Illusory, Non-Binding ...

Terms of Use Privacy Notice Accessibility About Us Reviews Site Map Your Ad Choices Advertising Contact us IBD Stock Charts IBD Stock Checkup Stock Quotes Stock Market Today The Big Picture My Stock Lists IBD Live Leaderboard SwingTrader MarketSurge IBD Digital MarketDiem The Wall Street Journal Barron's MarketWatch Dow Jones Smart Money Connect With Us On stocks they discuss. We make no representations or warranties regarding the advisability of investing in any particular securities or utilizing any speci ...

Paramount Skydance's financing for its $108 billion bid for Warner Bros. Discovery took a blow on Tuesday as President Donald Trump's son-in-law, Jared Kushner, dropped out of the hostile-takeover attempt. ...

交易动态 - 贾里德·库什纳旗下的私募股权公司Affinity Partners已决定不再参与收购华纳兄弟探索公司的项目 [1] - 该公司通过其私募股权公司Infinity Partners发布声明 称由于有两家强大的竞购方争夺这一独特的美国资产 公司决定不再寻求此机会 [2] - 声明指出 自2023年10月最初参与以来 该投资的动态已发生重大变化 [2] 交易立场与观点 - 尽管退出竞购 该公司仍然认为派拉蒙的收购方案具有强有力的战略依据 [2] - 公司未具体说明发生变化的“动态”具体指什么 [3] - 市场关注焦点转向这一退出是否会影响派拉蒙最终交易成功的可能性 [3]

Well, Warner Brothers is reportedly preparing to tell its shareholders to reject the offer from Paramount Sky Dance as soon as Wednesday. This is according to a report in the Wall Street Journal. Um, and the the ideas that Warner Brothers Discover would be recommending to its shareholders as soon as tomorrow that they support the existing deal with Netflix over the proposal from Paramount Sky Dance.We've reached out to the companies for comment. We have not heard yet. Um but just looking at the shares in te ...

Company to recommend existing Netflix deal as soon as Wednesday. ...

LOS ANGELES--(BUSINESS WIRE)--OlivePoint acquires a Class A Raleigh office 100% leased to PPD/Thermo Fisher, highlighting its strategy to target mispriced, credit-backed assets. ...