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Paramount launches hostile bid for Warner Bros., challenging Netflix deal The Washington PostBattle over future of Warner Bros. Discovery captures Trump's attention CNNWhat to know about hostile takeovers, as Paramount challenges Netflix bid AxiosParamount Skydance launches hostile bid for WBD 'to finish what we started,' CEO Ellison tells CNBC CNBC
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It only took a weekend. Paramount is jumping into the fray with a hostile takeover bid, challenging Netflix's deal to buy Warner Bros. Discovery. Paramount's offer is valued at over $108 billion.
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Netflix-WB Deal Will Be Approved & Trump Will Climb Aboard, Regulatory Expert Predicts: "The Deal Gets Done" DeadlineNetflix's Sarandos Wooed Trump in Person Ahead of Warner Bid Bloomberg.comThe Streaming Wars Are Over The RingerTrump Stands in the Middle as Netflix and Paramount Vie for a Megadeal The New York TimesNetflix, this game was always rigged Daily Kos
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It says the deal offer superior shareholder value and would close more quickly.
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Paramount's all-cash tender offer sets up a potentially monthslong battle between it and Netflix to influence WBD shareholders about which bid is best.
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NPR's Leila Fadel speaks with Matt Belloni of Puck News about Netflix's acquisition of Warner Bros. and the potential challenges ahead.
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