Paramount is reportedly trying to buy Warner Bros. Discovery

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The mergers and acquisitions are set to continue, with Paramount Skydance prepping a bid to buy Warner Bros. Discovery. That’s per a report from the Wall Street Journal, which cites sources claiming Paramount is seeking to get a “majority cash” bid ready with the backing of the Ellison family, though no exact price has been mentioned.

This news comes mere weeks after Paramount recently finalized a merger with Skydance. Notably, the chairman and CEO of the company, David Ellison, is the son of Oracle…



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Paramount is reportedly trying to buy Warner Bros. Discovery


The mergers and acquisitions are set to continue, with Paramount Skydance prepping a bid to buy Warner Bros. Discovery. That’s per a report from the Wall Street Journal, which cites sources claiming Paramount is seeking to get a “majority cash” bid ready with the backing of the Ellison family, though no exact price has been mentioned.

This news comes mere weeks after Paramount recently finalized a merger with Skydance. Notably, the chairman and CEO of the company, David Ellison, is the son of Oracle…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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