Warner Bros. board slams Paramount takeover bid
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What is a hostile takeover bid?
Paramount Skydance on Monday launched a hostile takeover bid for Warner Bros. Discovery, moving directly to appeal to shareholders with an all-cash offer that it says represents better value than the $72 billion deal Netflix and WBD announced Friday.
Paramount's bid to acquire Warner Bros. over Netflix has turned hostile as the company aims to acquire a higher stake in television.
"Around the world, America stands for something. Or it did," Jeremiah Johnson, a Trump-appointed judge, told Newsweek.
Fortunately, we are. Here in no particular order is FT Alphaville’s historical top-10 outbreaks of corporate hostility. We’ve avoided some of the more obvious ones — such as RBS takeover of ABN Amro, the Beatles of bad deals — or the most famous ones, like RJR Nabisco, and mainly gone for deeper cuts.
On this episode of the NC State Insider Podcast, get a full breakdown of the Wolfpack's win over the Liberty Flames.