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WBD rejected three Paramount presents, final for underneath $24/share: sources

EditorialBy EditorialOctober 22, 2025No Comments1 Min Read

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CEO of Warner Bros. Discovery David Zaslav speaks to members of the media as he arrives on the Solar Valley lodge for the Allen & Firm Solar Valley Convention on July 8, 2025 in Solar Valley, Idaho.

Kevin Dietsch | Getty Pictures Information | Getty Pictures

Warner Bros. Discovery has rejected three Paramount Skydance takeover presents because it fields broad buyout curiosity, CNBC’s David Faber reported Wednesday, citing sources.

Paramount’s final provide was for just below $24 per share and comprised of 80% money, in line with Faber, who beforehand reported a bid may are available in at between $22 and $24 per share.

WBD stated on Tuesday it had obtained “unsolicited curiosity” from a number of events and that it will increase its strategic overview course of to overview all bids. On the similar time, the corporate is transferring forward with beforehand introduced plans to separate into two entities: a streaming and studios enterprise and a world networks enterprise.

This story is growing. Please examine again for updates.

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