Paramount Skydance launches hostile bid for Warner Bros. Discovery — as Trump warns Netflix deal ‘could be a problem'
Paramount Skydance on Monday launched a hostile bid to acquire Warner Bros. Discovery after it accepted an offer from Netflix – even as President Trump warned that the Netflix deal “could be a problem” with his antitrust regulators.Paramount is making its case directly to shareholders with an all-cash, $30-per-share offer to take over the entire company – the same bid that WBD rejected last week, The Post previously reported.The offer is backed with equity from the Ellison family and RedBird Capital along w ...