Warner Bros. Discovery board rejects Paramount's $30 per share takeover bid, calling it inadequate compared to Netflix's $72 billion merger deal.

Paramount Skydance has stopped playing nice in its pursuit of Warner Bros. Discovery, pivoting from a failed courtship to a full-blown hostile assault on the company's shareholder base. The move turns ...

Warner Bros.' board turned down Paramount's initial offer because they were worried about how to pay for it. Ellison's support makes the transaction seem more real, and it puts more pressure on ...