WBD board tells shareholders to reject Paramount Skydance's takeover offer, saying 'value is inadequate'

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Warner Bros. Discovery (WBD) board advises shareholders to reject Paramount's $30-per-share takeover offer, citing inadequate value. This move comes as Paramount launched a hostile bid for WBD. The outcome of this takeover attempt remains uncertain.

Market Impact

Market impact analysis based on bearish sentiment with 72% confidence.

Sentiment
Bearish
AI Confidence
72%

Article Context

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Paramount launched a hostile bid for WBD, taking a $30-per-share, all-cash offer directly to shareholders.

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Original article published by CNBC on December 17, 2025.
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