Ellison, Paramount Put Pressure on WBD for a Deal

Source of this Article
Bloomberg Tech 23 hours ago 51

Warner Bros. Discovery shares slid early Friday in premarket trading after a report from the New York Post said that Paramount Skydance could walk away from its $30-per-share cash bid and instead litigate against the company’s board for how it handled the process. But with Larry Ellison personally backing the Paramount bid, the pressure is still on. Bloomberg's Chris Palmeri reports. (Source: Bloomberg)



BankBit shares this Content always with
Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) CC License

Read Entire Article


Screenshot generated in real time with SneakPeek Suite