WBD board tells shareholders to reject Paramount Skydance's takeover offer, saying 'value is inadequate'
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Why This Matters
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
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Paramount launched a hostile bid for WBD, taking a $30-per-share, all-cash offer directly to shareholders.
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Full article on CNBC
Original article published by
CNBC
on December 17, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.