Warner Bros rebuffs Paramount takeover approach, Bloomberg News reports
Source: CNBC
Published Sun, Oct 12 2025 1:27 AM EDT Updated Sun, Oct 12 20256:20 AM EDT
Warner Bros Discovery has rebuffed Paramount Skydance’s initial takeover approach as too low, Bloomberg News reported on Saturday.
Warner Bros rejected Paramount’s offer of around $20 per share in recent weeks, the report said, citing people familiar with the matter.
Paramount declined to comment on the report, while Warner Bros did not immediately respond to Reuters request for comment.
Paramount, led by David Ellison, is exploring several paths in its bid for Warner Bros, including increasing its offer, appealing directly to shareholders or securing extra support from a financial partner, Bloomberg said.
Read more: https://www.cnbc.com/2025/10/12/warner-bros-rebuffs-paramount-takeover-approach-according-to-reports.html
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