Paramount Launches $108.4 Billion Hostile Bid to Buy Warner Bros.
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Paramount Global logo, in this illustration taken on Dec.17, 2024. Dado Ruvic/Illustration/ReutersIn a last-ditch effort to acquire the Warner Bros. entertainment empire, Paramount Skydance has launched a hostile bid to purchase the company’s legacy assets.Last week, streaming juggernaut Netflix outlasted competitors in a months-long battle to buy Warner Bros., beating out Paramount and Comcast.
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