Paramount is taking its pursuit of CNN’s parent company Warner Bros. Discovery to court. On Monday Paramount CEO David Ellison announced a lawsuit in Delaware Chancery Court, where shareholders ...

Early Wednesday morning, Warner Bros. Discovery, CNN’s parent company, published a letter to shareholders and an SEC filing, formally rejecting Paramount’s latest offer for the entire company, deeming ...

Paramount Skydance on Monday doubled down on its hostile bid for Warner Bros. Discovery, amending its $30-per-share all-cash offer to include a massive personal guarantee from Oracle billionaire Larry ...

Paramount is standing by its current proposal to acquire Warner Bros. Discovery, warning shareholders that embracing Netflix‘s offer would saddle them with a “heavily indebted, sub-scale linear ...

Paramount and its controlling shareholders, the billionaire Ellison family, said the company was building out its bid for Warner Bros. Discovery on Monday. The amended bid seeks to address a number of ...

The war for the future of Warner Brothers continues, as Paramount Skydance announced Monday an amended all-cash offer for the legacy movie studio. The offer includes an “irrevocable personal guarantee ...

They're still all in on the Netflix offer, though. In short: They don’t like it! And, as such, they have advised WBD’s shareholders to reject the Paramount offer, while also giving their full support ...

Editor's take: It's no surprise that WBD recommended investors reject Paramount's offer. Beyond the $5.8 billion breakup fee with Netflix, it was clear that the $14 billion bidder lacked the clout of ...

Paramount has returned to the table with a significantly reworked hostile proposal for Warner Bros. Discovery—this time backed by a very personal financial commitment from Larry Ellison. According to ...

A private equity firm owned by President Donald Trump's son-in-law, Jared Kushner, pulled its financial backing on Tuesday from Paramount’s $108 billion hostile takeover bid to acquire Warner Bros.

Mr. Ellison’s personal guarantee is meant to address concerns that the Warner Bros. Discovery’s board had expressed about Paramount’s original offer. By Lauren Hirsch Paramount said on Monday that ...