Warner Bros. Discovery Rejects Paramount's $108.4 Billion Bid

Warner Bros. Discovery Rejects Paramount's $108.4 Billion Bid

First seen 7 Jan 2026, 16:46 UTC •Techcrunch •24.5

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Warner Bros. Discovery (WBD) has rejected Paramount Skydance's revised bid of $108.4 billion, labeling it a 'leveraged buyout' that would impose $87 billion in debt on the company. WBD's board unanimously advised shareholders to reject the offer, citing concerns over the substantial debt burden.

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