Warner Bros' lack of response fueled Paramount's hostile bid, filing says

Core Viewpoint - Paramount Skydance made a hostile bid of $108.4 billion for Warner Bros Discovery, citing a lack of responsiveness from Warner Bros to its previous overtures [1] Group 1 - The bid was characterized as an "11th-hour" move, indicating urgency and a last-minute approach to the acquisition [1] - The amount of the bid, $108.4 billion, reflects a significant valuation of Warner Bros Discovery in the current market [1] - The securities filing revealed that Paramount Skydance's actions were driven by frustration over Warner Bros' lack of engagement [1]