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The Independent UK
The Independent UK
Justin Baragona

Hostile takeover launched over Netflix-Warner deal with new $108B Paramount bid after Sarandos woos Trump at White House

Amid the intense and bitter bidding war for Warner Bros. Discovery — and as Paramount Skydance felt it had the inside edge due to its owners’ friendly relationship with Donald Trump — Netflix co-CEO Ted Sarandos privately met with the president to make his company’s case, according to multiple reports.

Meanwhile, on Monday morning, the scorned Paramount leadership launched a hostile takeover bid, offering a significantly higher cash price for Warner.

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