Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle co-founder Larry Ellison has agreed to personally backstop the $40bn equity financing of Paramount’s ...

The company also agreed to raise its termination fee $5.8 billion to match Netflix, and extended the end date for the offer to Jan. 21. By Alex Weprin Senior Editor David Ellison’s Paramount has sent ...

This is read by an automated voice. Please report any issues or inconsistencies here. Warner Bros. Discovery accuses Paramount of failing to commit real money behind its $78-billion bid despite claims ...

Warner Bros. Discovery’s (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellison’s Paramount Skydance, calling the offer “illusory,” and saying that Paramount ...

Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers. "We strongly believe that Netflix and Warner ...

Paramount CEO David Ellison’s quest to acquire Warner Bros. Discovery faced a fresh challenge on Wednesday as the Warner board rejected a $30-a-share bid made directly to shareholders. Ellison and ...

LOS ANGELES — Warner Bros. Discovery's board rejected Paramount Skydance's $108.4 billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances. In a letter to ...

NEW YORK (AP) — Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance.

Warner Bros. Discovery Inc. is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said. After ...

Rival efforts from Netflix and Paramount could upend the media industry. Paramount launched a hostile bid for Warner Bros. Discovery this week, just days after Netflix struck a deal to acquire the ...

Investors are betting that there are higher bids yet to come for Warner Bros. Paramount Chief Executive Officer David Ellison sat with a number of Warner investors in meetings in New York on Tuesday, ...