Warner Bros rejects revised Paramount bid as risky leveraged buyout
By Dawn Chmielewski, Kritika Lamba and Dawn Kopecki
LOS ANGELES, Jan 7 (Reuters) - Warner Bros Discovery's board has unanimously turned down Paramount Skydance's latest attempt to acquire the studio, saying its revised $108.4 billion hostile bid amounted to a risky leveraged buyout that investors... Read More.


