Paramount Skydance may raise bid for Warner Bros. Discovery by 10% after going hostile: sources
New York Post·2025-12-12 05:46

Paramount Skydance is considering raising its takeover offer for Warner Bros. Discovery by as much as 10% as it plots its next move to break up a merger agreement with Netflix, The Post has learned.David and Larry Ellison, who created Paramount Skydance with a media merger over the summer, are now poised to bump their all-cash, 30−a−shareofferfortheownerofWarnerBros.,HBOandCNNtoasmuchas30-a-share offer for the owner of Warner Bros., HBO and CNN to as much as 33 a share, according to sources close to the situation.The raised offer – which amounts to nearly $86 bil ...