#corporate-takeover

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Media industry
fromPoynter
5 hours ago

CNN future in question after Thursday's stunning Warner Bros. Discovery sale news - Poynter

Netflix withdrew its bid for Warner Bros. Discovery, allowing Paramount Skydance to acquire WBD including CNN for $111 billion.
#media-merger
Media industry
fromFortune
19 hours ago

Warner Bros. officially deems Paramount's bid 'superior' to Netflix's | Fortune

Warner Bros. Discovery declared Paramount Skydance's $111 billion takeover bid superior to Netflix's $83 billion deal, triggering a four-day window for Netflix to match or raise its offer.
fromwww.dailynews.com
20 hours ago

Warner Bros. Discovery deems Paramount's takeover bid superior to Netflix deal

We are pleased WBD's Board has unanimously affirmed the superior value of our offer, which delivers to WBD shareholders superior value, certainty and speed to closing.
Media industry
World news
fromwww.npr.org
1 month ago

It's not just oil: How else Wall Street might benefit from Trump's Venezuela actions

U.S. investors largely shrugged off Venezuelan geopolitical risk, driving stock records and surging Venezuelan bonds while oil and takeover interests benefited.
fromSlate Magazine
2 months ago

The Fight Over The Future of Movies

Last Friday, Netflix announced that they would be acquiring Warner Bros. Discovery, a massive megamerger that would let the number one streaming service acquire the third biggest streamer (HBO Max), the entire Warner Bros. film catalog, its cable channels, and the Discovery+ streaming service. But before any shareholders could celebrate, Paramount Skydance, the megaconglomerate led by the Trump-favored Ellison family, launched a hostile takeover. Which company will emerge victorious here...will the biggest loser be the cinephile consumer?
Business
Law
fromwww.pressdemocrat.com
3 months ago

Estate of Bay Area celebrity chef Michael Chiarello accuses ex-executive of helping seize control of his restaurant empire

Estate accuses former COO David O'Malley and partners of orchestrating a hostile takeover, alleging document destruction, forgery, and seizure of Chiarello's restaurants and trademarks.
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