美股IPO·2025-12-31 00:37Group 1 - Warner Bros. Discovery (WBD.US) plans to reject Paramount's (PSKY.US) revised acquisition offer, as the board has not made a final decision yet [1][3] - Paramount has not increased its offer, which Warner Bros. previously deemed inferior to Netflix's (NFLX.US) proposal [3][4] - Paramount's latest offer includes a cash bid of $30 per share and a personal guarantee of $40.4 billion in equity financing from Oracle founder Larry Ellison [3] Group 2 - Warner Bros. board is waiting for Paramount to improve the financial terms of its offer, with shareholders expecting more funding from Paramount [4] - Concerns exist that a deal with Paramount could restrict Warner Bros. from managing its debt without Ellison's approval, and Paramount has not guaranteed to cover the breakup fee owed to Netflix [4] - Warner Bros. argues that Netflix's offer is superior for various reasons, including Paramount's potential debt burden and plans for further job cuts [4]