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 data-analytics-id=”inline-link” href=”https://www.wsj.com/business/media/paramount-skydance-prepares-ellison-backed-bid-for-warner-bros-discovery-0b921c20?st” target=”_blank” data-url=”https://www.wsj.com/business/media/paramount-skydance-prepares-ellison-backed-bid-for-warner-bros-discovery-0b921c20?st” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none”>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…
