Paramount Makes $108 Billion Hostile All-Cash Bid for Warner Bros. Discovery — Though Either Mega-Merger Likely to Face Regulatory Scrutiny

Photo Credit: TopShere Media
Paramount announces an all-cash bid to acquire all outstanding shares of Warner Bros. Discovery after Netflix’s $83 billion offer to buy it last week.
On Friday, Netflix announced an $83 billion deal to buy a significant part of Warner Bros. Discovery in an agreement approved by the boards of both companies. Now, Paramount has bypassed the Warner Bros. Discovery board and approached shareholders with a “superior offer.”
Paramount presented an all-ca