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Paramount launches hostile bid for Warner Bros., challenging Netflix deal The Washington PostBattle over future of Warner Bros. Discovery captures Trump's attention CNNWhat to know about hostile takeovers, as Paramount challenges Netflix bid AxiosParamount Skydance launches hostile bid for WBD 'to finish what we started,' CEO Ellison tells CNBC CNBC
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Netflix-WB Deal Will Be Approved & Trump Will Climb Aboard, Regulatory Expert Predicts: "The Deal Gets Done" DeadlineNetflix's Sarandos Wooed Trump in Person Ahead of Warner Bid Bloomberg.comThe Streaming Wars Are Over The RingerTrump Stands in the Middle as Netflix and Paramount Vie for a Megadeal The New York TimesNetflix, this game was always rigged Daily Kos
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The company is bypassing Warner Bros. Discovery's board and going straight to shareholders with a higher, all-cash offer.
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Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn't plan to buy WBD's TV networks.
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Paramount's all-cash tender offer sets up a potentially monthslong battle between it and Netflix to influence WBD shareholders about which bid is best.
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