Paramount Skydance boss David Ellison has bid $24 a share for Warner Bros. Discovery – a mega-deal worth $57 billion that was nevertheless rejected as takeover negotiations between the media giants heat up, The Post has learned.The latest back and forth – which has played out only in recent days – marks the third straight time Ellison has been rebuffed as WBD’s wily CEO David Zaslav shops the company to a number of large media and tech outfits, sources said. News of the spurned $24-a-share bid hasn’t previo ...

The board of Spanish lender Sabadell on Friday issued an unfavourable recommendation regarding BBVA's hostile takeover, adding that its Spanish competitor's bid undervalued the bank. ...

By Jesús Aguado MADRID (Reuters) - Spanish bank Sabadell's board unanimously recommended its shareholders reject BBVA's hostile takeover bid on Friday, a move that may add pressure on the rival to increase its offer. BBVA formally launched its 15.3 billion euro ($17.97 billion) bid for Sabadell on Monday as it seeks to create the second-largest Spanish bank in terms of domestic assets worth around 1 trillion euros. That started the acceptance period, which lasts until October 7 with the results of the o ...