BREAKING: Paramount Counters Netflix With $108B Hostile Takeover Bid for Warner Bros. Discovery

This morning, Ellison stated he’s willing to pay significantly more than Netflix to acquire the company. He’s offering shareholders $30 per share in cash. Netflix, however, is only interested in Warner Bros. and isn’t pursuing the TV networks that will be split off as a separate entity next year. Their offer stands at $27.75 per share, a mix of cash and stock.







