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Paramount Raises Offer for Warner Bros. Discovery, Board Signals It Could Top Netflix Bid

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David Ellison’s Paramount Skydance has submitted a revised proposal for Warner Bros. Discovery that the company’s board says could lead to a superior deal compared to the rival offer from Netflix.   Paramount is now offering $31 per share for all of WBD,...

Paramount-Skydance Plans Cash Bid for Warner Bros. Discovery, Owner of CNN

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Paramount Skydance is preparing a majority cash offer to acquire Warner Bros. Discovery, owner of CNN, with backing from the Ellison family, according to The Wall Street Journal, citing people familiar with the matter. The proposed bid would cover the entirety of...

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