Paramount makes $108 billion all-cash offer for Warner Bros. Discovery, escalating buyout fight with Netflix
Yahoo Finance·2025-12-08 14:44

Paramount Skydance (PSKY) announced on Monday a bid to acquire Warner Bros. Discovery (WBD) in an all-cash deal worth 30pershare,orroughly30 per share, or roughly 108.4 billion, as the company moves to top Netflix's (NFLX) deal struck last week to acquire the storied studio. Paramount stock rose about 2% after the announcement, while Warner Bros. stock rose as much as 7%. Paramount's bid on Monday would see the company acquire all of Warner Bros.' assets. On Friday, Netflix agreed to acquire Warner Bros.' TV, film, studio ...