David Ellison's Paramount War Continues

Paramount Skydance has launched a hostile takeover bid for Warner Bros Discovery, going directly to shareholders with an all-cash $30 per share offer — well above WBD’s current trading price. The move comes just days after Netflix struck a deal to acquire WBD’s studio and streaming assets for $27.75 per share. This is a serious bidding war. CEO David Ellison says Paramount is “finishing what we started,” backed by financing from RedBird Capital, the Ellison family, major Wall Street banks, and non-voting investments from Saudi Arabia’s PIF, Abu Dhabi’s L’imad Holding, Qatar Investment Authority, and Affinity Partners. Paramount also revealed that $30 per share is not their final offer, setting up a high-stakes showdown among WBD shareholders, Netflix, and Paramount Skydance. Warner Bros Discovery shares jumped over 4 percent on the news, while Paramount stock climbed more than 7 percent. Will WBD investors choose Netflix’s cash-and-stock deal — or Paramount’s bigger all-cash bid? #warnerbros #Paramount #DavidEllison 🖥️ Try Benzinga Pro FREE with a 14 day trial: https://www.benzinga.com/pro/register 📈 Take your trading to the next level with our suite of premium research services and tools: https://www.benzinga.com/services 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Follow us on socials @benzinga ------------------------------------------------------------------------------------ 🔹Free Benzinga Webinars: https://www.youtube.com/watch?v=LQ2jOJNkDfI&list=PL4k0fH8EgI3YTdqniRmxrvz97w3IQ61rD 🔹Benzinga Pro Tutorials: https://www.youtube.com/watch?v=a2FaHhLIrks&list=PL4k0fH8EgI3YMwoBMFXGvVMkgixFymmei&pp=gAQB 🔹Earnings Calls: https://www.youtube.com/watch?v=C2-AoCw64Ok&list=PL4k0fH8EgI3buZI5529R53wJUNd9NS4_s 🔹Premarket Playbook: https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZVRPM7INpG--GvohnBVTnT 🔹Benzinga's All Access: https://www.youtube.com/playlist?list=PL4k0fH8EgI3bQSn91atO-3lPT4V6Nwsmh 🔹Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #StockMarket #StockMarketNews #Trading #StockMarketLive #Stocks #stocktrading #learntotrade #DayTrading #StockMarketToday