Paramount May Beat Netflix To Be DC’s New Owner After $108 Billion Hostile Takeover Bid

Paramount has made an unexpected offer to counter the current deal, attempting to take over Warner Bros. Discovery completely – unlike Netflix, which planned to sell off some parts of the company. Paramount’s offer values the company at $108.4 billion, including $18 billion more cash than Netflix offered. Paramount is appealing directly to Warner Bros. Discovery’s shareholders, arguing that the board made a mistake in favoring the Netflix deal.








