Warner Bros. Discovery Says Its Board Will Review Paramount’s Upgraded Hostile Takeover Offer

Warner Bros. Discovery said its board will review Paramount Skydance’s latest hostile takeover offer — which includes some new financial commitments — before it officially accepts or rejects the rival bid to its sale agreement with Netflix. Warner Bros. Discovery on Tuesday confirmed it received the amended, unsolicited tender offer from David Ellison’s Paramount Skydance […]