Warner Bros. Discovery board rejects Paramount tender offer
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Warner Bros. Discovery Board of Directors Unanimously Recommends Shareholders Reject Paramount Tender Offer
December 17, 2025 7:00 AM ESTReiterates Recommendation in Support of Netflix Combination, Which Represents Superior, More Certain Value for Shareholders
Paramount Offer Reflects Inadequate Value and Imposes Numerous, Significant Risks and Costs on WBD
Ellison Family Has Still Not Provided an Equity Backstop, Despite Headline Claims
WBD Board's Full, Fair and Transparent Review Established a Level Playing Field in a Competitive Process
No Material Difference in Regulatory Risk Between PSKY Offer and Netflix Merger
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