Paramount Skydance raises breakup fee in bid for Warner Bros. Discovery to $5B: Report

Paramount Sky Dance raising its proposed breakup fee in its offer for Warner Brothers Discovery to $5 billion. Previously was just over two billion. This is according to a Bloomberg report and separately.Uh CNBC has learned that Paramount's attorneys recently wrote a letter to Warner Brothers management laying out concerns over the fairness in the bidding process for the company. The lawyer cite a recent German media report about a meeting between a Warner executive and a European Commission official at whi ...