WBD May Engage With Paramount After Ellisons' Latest Offer As State Of Play Shifts

Warner Bros. Discovery could reveal as early as Tuesday that it will engage with Paramount following the Ellison family’s latest offer, which included some significant concessions, Deadline has learned. WBD has a signed deal with Netflix but Par has been lobbing consecutive unsolicited takeover offers, all rejected outright thus far. The amended bid with a series of sweeteners led to some WBD shareholders, including activist investor Ancora Capital, becoming vocal that the board needed to consider all opti ...