[UPDATE, 6:40 p.m. ET: Warner Bros. Discovery’s board of directors issued a statement virtually identical to its Dec. 8 one, when it responded to Paramount Skydance’s previous tender offer. The ...

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 ...

Paramount Skydance announced Monday that billionaire Larry Ellison will personally guarantee the tens of billions of dollars backing its hostile takeover bid for Warner Bros. Discovery. The move ...

NEW YORK — Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor of a rival bid from Netflix it said will better serve their ...

Warner Bros. Discovery is urging its investors to stick with the $72 billion Netflix acquisition offer and reject Paramount Skydance’s hostile buyout bid. Warner’s board called Paramount’s hostile ...

New York — Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor of a rival bid from Netflix it said will better serve their ...

In the latest update to the ongoing Warner Bros. Discovery acquisition process, Paramount's initial attempt at a hostile takeover has failed, according to The Hollywood Reporter. Led by David Ellsion, ...

A private equity firm owned by President Donald Trump's son-in-law, Jared Kushner, is no longer backing Paramount’s hostile acquisition bid for Warner Bros. Discovery, the firm confirmed Tuesday. Days ...