Warner Bros likely to reject Paramount's latest hostile bid, source says
Yahoo Finance·2025-12-30 22:49

By Dawn Chmielewski Dec 30 (Reuters) - Warner Bros Discovery will likely reject Paramount Skydance's amended $108.4 billion hostile bid for the storied Hollywood studio despite a personal ​guarantee from billionaire Larry Ellison backing the media giant's offer, according to a ‌person familiar with the matter. The board has yet to make a final decision, but is expected to meet ‌next week, said the person, who requested anonymity to discuss internal deliberations. Warner Bros and Paramount declined to c ...