Warner Bros reject Paramount's takeover bid, grants a week for final offer, voting for Netflix deal set for 20 March

Warner Bros Discovery has declined Paramount Skydance's (PSKY) recent $30-per-share takeover offer but has granted the Hollywood studio seven days to propose a more favourable deal to acquire the owner of HBO Max and the "Harry Potter" franchise, the company said on Tuesday, 17 February.Paramount also separately suggested a higher share price of $31, Warner Bros said, adding that the bidder has until 23 February to submit its final offer.“Following receipt of PSKY’s latest amended offer, a senior representa ...