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Warner Bros may reject Paramount's bid
Financial Express Lucknow
|January 01, 2026
FINAL DECISION SOON
WARNER BROS DISCOVERY will likely reject Paramount Skydance's amended $108.4 billion hostile bid for the storied Hollywood studio despite a personal guarantee from billionaire Larry Ellison backing the media giant's offer, according to a person familiar with the matter.
The board has yet to make a final decision, but is expected to meet next week, said the person, who requested anonymity to discuss internal deliberations.
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