Paramount Is Launching a Hostile Bid for Warner Bros. Is PSKY Stock a Buy, Sell, or Hold Here?
Yahoo Finance·2025-12-10 04:58

Paramount Skydance (PSKY) is taking its bid for Warner Bros. Discovery (WBD) directly to shareholders after getting shut out by Netflix (NFLX). The company announced on Monday that it will offer 30pershareincash,thesamepriceWarnerBros.rejectedlastweek.Thisvaluestheentirecompanyat30 per share in cash, the same price Warner Bros. rejected last week. This values the entire company at 108.4 billion. The hostile takeover attempt comes after Netflix agreed to buy Warner Bros.'s studio and streaming assets for 27.75persharejustdaysearlier.Paramountarguesitsallcashdealisworth27.75 per share just days earlier. Paramount argues its all-cash deal is worth 17. ...