Here's what to expect in Paramount's quest to elbow out Netflix and buy Warner Bros. Discovery
CNBC·2025-12-09 04:55

David Ellison at Netflix's "America's Team: The Gambler and His Cowboys" at The Egyptian Theatre on August 11, 2025 in Los Angeles, California.Paramount Skydance laid out its plan Monday to convince Warner Bros. Discovery shareholders that it's a better buyer for the company than Netflix. The hostile bid kicks off a tug-of-war that could get complicated. Paramount has officially launched a tender offer for current WBD shares at 30pershare,allcash.Thatbidisbackedby30 per share, all cash. That bid is backed by 41 billion in equity financing. ...