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Paramount launches $108.4b hostile bid for Warner Bros Discovery

Paramount Skydance (PSKY.O), opens new tab on Monday launched a hostile bid worth $108.4 billion for Warner Bros Discovery (WBD.O), opens new tab, in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant. Netflix had emerged victorious on Friday from a weeks-long bidding war […]


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