Tag Archives: 20Share

Paramount-Warner Bros. Discovery Deal Talks: WBD Rejects $20/Share Offer

Paramount-Warner Bros. Discovery Deal Talks: WBD Rejects /Share Offer

Warner Bros. Discovery rejected a takeover offer of “around” $20 per share from David Ellison’s Paramount Skydance in recent weeks as “too low,” Bloomberg News reported Saturday, citing anonymous sources. WBD shares closed at $17.10/share Friday, up more than 36% since news broke Sept. 11 of Ellison’s interest in bidding for the rival just weeks after closing Skydance’s deal to …

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