Warner Bros rejects revised Paramount bid as risky leveraged buyout

Core Viewpoint - Warner Bros Discovery's board has unanimously rejected Paramount Skydance's revised hostile bid of $108.4 billion, citing concerns over the risks associated with a leveraged buyout [1] Group 1: Acquisition Attempt - Paramount Skydance made a revised offer of $108.4 billion to acquire Warner Bros Discovery [1] - The board of Warner Bros Discovery views the bid as a risky leveraged buyout [1]