{"id":337634,"date":"2025-12-08T20:49:07","date_gmt":"2025-12-08T20:49:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/337634\/"},"modified":"2025-12-08T20:49:07","modified_gmt":"2025-12-08T20:49:07","slug":"warner-bros-discovery-on-paramounts-hostile-bid-timing-for-response","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/337634\/","title":{"rendered":"Warner Bros. Discovery On Paramount&#8217;s Hostile Bid, Timing For Response"},"content":{"rendered":"<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tBid received: A couple of hours after <a href=\"https:\/\/deadline.com\/tag\/paramount\/\" id=\"auto-tag_paramount\" data-tag=\"paramount\" rel=\"nofollow noopener\" target=\"_blank\">Paramount<\/a> unveiled its hostile takeover plan for <a href=\"https:\/\/deadline.com\/tag\/warner-bros-discovery\/\" id=\"auto-tag_warner-bros-discovery\" data-tag=\"warner-bros-discovery\" rel=\"nofollow noopener\" target=\"_blank\">Warner Bros. Discovery<\/a>, the target company issued its own press release to \u201cconfirm receipt\u201d of the unsolicited offer. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tThe Warner Bros. Discovery Board of Directors \u201cwill carefully review and consider Paramount Skydance\u2019s offer in accordance with the terms of Warner Bros. Discovery\u2019s agreement with Netflix,\u201d the statement said. WBD will reveal the board\u2019s recommendation \u201cwithin 10 business days.\u201d <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tIn the meanwhile, the WBD board \u201cis not modifying its recommendation with respect to the agreement with Netflix,\u201d and the company\u2019s stockholders \u201care advised not to take any action at this time with respect to Paramount Skydance\u2019s proposal.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tParamount this morning <a href=\"https:\/\/deadline.com\/2025\/12\/paramount-launches-hostile-takeover-bid-warner-bros-discovery-1236641640\/\" rel=\"nofollow noopener\" target=\"_blank\">announced that it has commenced an all-cash tender offer<\/a> to acquire all of the outstanding shares of Warner Bros. Discovery for $30 per share, which translates to an enterprise value of $108.4 billion. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tThe company is bidding for the entire WBD after the latter agreed on Friday to sell its film and TV studios as well as HBO\/HBO Max to Netflix for $82.7B in cash and stick ($27.75 a share). <\/p>\n","protected":false},"excerpt":{"rendered":"Bid received: A couple of hours after Paramount unveiled its hostile takeover plan for Warner Bros. Discovery, the&hellip;\n","protected":false},"author":2,"featured_media":337635,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54],"tags":[88,4208,92,10343],"class_list":{"0":"post-337634","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tv","8":"tag-entertainment","9":"tag-paramount","10":"tag-tv","11":"tag-warner-bros-discovery"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/337634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=337634"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/337634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/337635"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=337634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=337634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=337634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}