Paramount Sweetens Offer For Warner Bros. Discovery

Paramount has enhanced its offer for Warner Bros. Discovery, not formally upping its $30 a share cash bid, adding a new $0.25 a share so-called “ticking fee” payable to WBD shareholders for each quarter its transaction has not closed beyond December 31, 2026. Par said the move is equivalent to approximately $650 million cash value each quarter and underscores “Paramount’s confidence in […]