Warner Bros. Discovery says it thinks Paramount's new bid could be superior to Netflix's offer

After 10 tries, David Ellison's Paramount Skydance has finally made a proposal that Warner Bros. Discovery's board is excited about. Paramount is prepared to pay $31 per share for all of WBD, including its TV networks like CNN and TruTV, up from $30 per share in its previous public offers, WBD told shareholders on Tuesday.WBD's board said Tuesday that Paramount's offer "could reasonably be expected" to lead to a superior proposal to Netflix's. However, WBD added that its board had "not made a determination" ...