advances

Paramount Skydance Revises Warner Bros. Bid As Netflix Offer Advances

Paramount Skydance on Monday revised its hostile bid for Warner Bros. Discovery, without increasing the price, after WBD’s board affirmed its backing of rival Netflix’s offer.In Paramount’s new offer, the company said Larry Ellison, one of the richest people in the world and father to Paramount CEO David Ellison, agreed…