Roundup: Paramount punches it out for Warner Bros. merger

By Julia Pierrepont III LOS ANGELES, Dec. 8 (Xinhua) -- Netflix's effort to acquire Warner Bros. Discovery (WBD) is encountering unexpectedly strong resistance and rising political scrutiny, with a hostile bid from Paramount Skydance and the involvement of U.S. President Donald Trump placing the merger squarely at the center of a widening national debate. Paramount Skydance, led by David Ellison, announced Monday it would offer 30 U.S. dollars per share for WBD, criticizing the 27.75 U.S. dollar