Warner Bros. Discovery Rejects Paramount's $108 Billion Bid. Here's One Reason Why.

Key Points Warner Bros. Discovery recommended that shareholders reject Paramount's tender offer. WBD said that the non-binding offer could be terminated at any time. Paramount gave a full-throated response. 10 stocks we like better than Warner Bros. Discovery › Paramount Skydance's (NASDAQ: PSKY) last-ditch bid to win the bidding war for Warner Bros. Discovery (NASDAQ: WBD) took a step backward on Wednesday after WBD recommended that its shareholders reject Paramount's tender offer, or the hostile ...