Netflix, Paramount and hostile bid
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Netflix has a deal in place to buy Warner Bros. Discovery’s studio and streaming assets, including HBO/HBO Max, but regulatory hurdles loom. Param
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Paramount-Warner fight shows the hostile takeover is back. So are the egos of the combatants
Among the more notable flameouts was the hostile takeover of TWA by Icahn in 1986. The contest began with Icahn’s quest to drive up the price of the TWA stock he was holding, but he surprised the market by actually trying to run the airline.
Paramount's bid to acquire Warner Bros. over Netflix has turned hostile as the company aims to acquire a higher stake in television.
Bernie Sanders slams Trump for 'authoritarianism' over Warner Bros. takeover involving son-in-law Jared Kushner in media consolidation battle.
David Ellison fought hard to win Warner Bros. Discovery. But despite his strenuous efforts, he lost out to Netflix — and now Ellison is switching from carrots to sticks: Paramount Skydance is taking its case directly to shareholders in a hostile takeover bid for WBD.