Warner Bros shareholder open to revised Paramount bid
Photo: Reuters
Harris Associates, a top Warner Bros Discovery shareholder, says it is “very open” to a revised Paramount Skydance offer if the studio addresses deal concerns and provides a superior bid.
Warner Bros Discovery recently rejected Paramount’s $108.4 billion hostile takeover, citing misleading financing claims. Paramount and Netflix are competing to control Warner Bros’ studios, HBO Max, and major franchises like Harry Potter, News.Az reports, citing Reuters.
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