Paramount Skydance bids $108 billion for Warner Bros. Discovery after Netflix deal.

Paramount Skydance made a $108.4 billion hostile takeover offer for Warner Bros. Discovery, following Netflix’s $82.7 billion deal with Warner. Paramount’s all-cash bid aims to acquire the entire company, including cable channels like CNN, offering a quicker path to completion. Concerns about antitrust issues arise as the bidding war intensifies for Warner Bros. Discovery, prompting regulatory scrutiny and industry competition.

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