WBD rejected three Paramount takeout offers, the last for just under $24 per share, sources say

Group 1 - Warner Bros. Discovery has rejected three takeover offers from Paramount Skydance amid broad buyout interest [1][2] - Paramount's last offer was just under $24 per share, consisting of 80% cash, with previous bids estimated between $22 and $24 per share [2] - Warner Bros. Discovery has received unsolicited interest from multiple parties and is expanding its strategic review process to evaluate all bids [2] Group 2 - The company is proceeding with plans to separate into two entities: a streaming and studios business and a global networks business [2]