Warner Bros Discovery board rejects Paramount tender offer
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WARNER BROS. DISCOVERY BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS SHAREHOLDERS REJECT AMENDED PARAMOUNT TENDER OFFER
January 7, 2026 7:00 AM UTCOffer Remains Inferior to Netflix Merger Agreement Across Numerous Key Areas
Value is Insufficient Given Significant Costs, Risks and Uncertainties
Heightened Risk of Failure to Close Compared to Netflix Combination
Significant Potential Consequences for Shareholders if PSKY Offer Fails to Close
NEW YORK, Jan. 7,... More
