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The Independent UK
The Independent UK
Entertainment
Associated Press

Paramount launches $108bn rival bid for Warner Bros

Netflix Warner Bros Warner Paramount Donald Trump Ted Sarandos Warner Bros Discovery

Paramount Skydance says it’s making a hostile bid for Warner Bros, challenging Netflix’s $72bn buyout plan.

Paramount, which lost to Netflix in a bidding war, said Monday that it is going straight to Warner Bros shareholders with a $30 per share in cash offer for the entirety of Warner Bros Discovery, including its Global Networks segment, asking them to reject the deal with Netflix.

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