{"id":91424,"date":"2025-10-22T16:48:11","date_gmt":"2025-10-22T16:48:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/91424\/"},"modified":"2025-10-22T16:48:11","modified_gmt":"2025-10-22T16:48:11","slug":"wbd-rejected-three-paramount-offers-last-for-under-24-share-sources","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/91424\/","title":{"rendered":"WBD rejected three Paramount offers, last for under $24\/share: sources"},"content":{"rendered":"<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/10\/108215284-17611393631761139360-42217311582-1080pnbcnews.jpg\" alt=\"Faber Report: Warner Bros. Discovery board rejected three offers from Paramount, sources say\"\/><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/WBD\/\" rel=\"nofollow noopener\" target=\"_blank\">Warner Bros. Discovery<\/a> has rejected three <a href=\"https:\/\/www.cnbc.com\/quotes\/PSKY\/\" rel=\"nofollow noopener\" target=\"_blank\">Paramount Skydance<\/a> takeover offers as it fields broad buyout interest, CNBC&#8217;s <a href=\"https:\/\/www.cnbc.com\/david-faber\/\" rel=\"nofollow noopener\" target=\"_blank\">David Faber<\/a> reported Wednesday, citing sources.<\/p>\n<p>Paramount&#8217;s last offer was for just under $24 per share and was comprised of 80% cash, according to Faber, who <a href=\"https:\/\/www.cnbc.com\/2025\/09\/19\/paramount-skydance-warner-bros-discovery-bid-update.html\" rel=\"nofollow noopener\" target=\"_blank\">previously reported<\/a> a bid could come in at between $22 and $24 per share.<\/p>\n<p>Reuters on Tuesday<a href=\"https:\/\/www.reuters.com\/business\/media-telecom\/warner-bros-discovery-board-rejected-paramount-skydances-buyout-offer-source-2025-10-21\/\" target=\"_blank\" rel=\"nofollow noopener\"> reported<\/a> WBD had rejected a bid for nearly $24 per share.<\/p>\n<p>WBD said on Tuesday that it had received &#8220;unsolicited interest&#8221; from multiple parties and that it would expand its<a href=\"https:\/\/www.cnbc.com\/2025\/10\/21\/wbd-sale-warner-bros-media.html\" rel=\"nofollow noopener\" target=\"_blank\"> strategic review process<\/a> to review all bids. At the same time, the company is moving ahead with previously announced plans to separate into two entities: a streaming and studios business and a global networks business.<\/p>\n<p>Faber reported Tuesday that <a href=\"https:\/\/www.cnbc.com\/quotes\/NFLX\/\" rel=\"nofollow noopener\" target=\"_blank\">Netflix<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/CMCSA\/\" rel=\"nofollow noopener\" target=\"_blank\">Comcast<\/a> were among the interested parties.<\/p>\n<p>&#8220;It&#8217;s no surprise that the significant value of our portfolio is receiving increased recognition by others in the market,&#8221; Warner Bros. Discovery CEO David Zaslav said in a statement Tuesday. &#8220;After receiving interest from multiple parties, we have initiated a comprehensive review of strategic alternatives to identify the best path forward to unlock the full value of our assets,&#8221; he said.<\/p>\n<p>Shares of WBD gained almost 11% on Tuesday. They were up another 1% in morning trading Wednesday.<\/p>\n<p>Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC. Versant would become the new parent company of CNBC upon Comcast\u2019s planned spinoff of Versant.<\/p>\n","protected":false},"excerpt":{"rendered":"Warner Bros. Discovery has rejected three Paramount Skydance takeover offers as it fields broad buyout interest, CNBC&#8217;s David&hellip;\n","protected":false},"author":2,"featured_media":91425,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[6461,357,11007,23134,146,85,46,4178,34193,4274,411,4276],"class_list":["post-91424","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tv","tag-breaking-news-business","tag-business-news","tag-comcast-corp","tag-david-faber","tag-entertainment","tag-il","tag-israel","tag-media","tag-netflix-inc","tag-paramount-skydance-corp","tag-tv","tag-warner-bros-discovery-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/91424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=91424"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/91424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/91425"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=91424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=91424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=91424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}