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Sources: WBD has rejected Paramount's ~$20 per share takeover bid for being too low; WBD shares closed at $17.1 on October 10, giving WBD a market cap of $42.3B (Bloomberg)

Mediagazer · last updated

Bloomberg:
Sources: WBD has rejected Paramount’s ~$20 per share takeover bid for being too low; WBD shares closed at $17.1 on October 10, giving WBD a market cap of $42.3B  —  Warner Bros Discovery Inc. has rebuffed Paramount Skydance Corp.’s initial takeover approach for being too low, according to people familiar with the matter.

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