Bid
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…
Would buying Warner Bros. give Netflix too much power?The streaming giant is telling regulators it won’t, and antitrust experts say the answer ultimately depends on how you define who Netflix competes with.Does Netflix compete with only paid streaming services, a market where it dominates? What about the TV dinosaurs it…
Paramount CEO David Ellison says he knows the Warner Bros. Discovery board can’t accept his latest offer of $30 per share for the company.Why?”If they accept the offer exactly as it is today, right, then they’re admitting breach of fiduciary duty, so I don’t think they can just take that,”…
2025-12-08T21:42:32.472Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…
2025-12-08T14:22:03.365Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…
A popular Wisconsin ski resort that has been around since the 1960s has filed for Chapter 11 bankruptcy protection as it fights to survive another winter on the slopes.Midwest Skiing Company LLC, which owns and operates the Whitecap Mountains Resort in Upson, Wisconsin, said in court papers that it filed…
