Skip to Content

Money

(L-R:) Warner Bros. Discovery CEO David Zaslav; Paramount Skydance CEO David Ellison.

What is a hostile takeover bid?

By Elisabeth Buchwald, CNN New York (CNN) — Paramount Skydance on Monday launched a hostile takeover bid for Warner Bros. Discovery, moving directly to appeal to shareholders with an all-cash offer that it says represents better value than the $72 billion deal Netflix and WBD announced Friday. A hostile takeover occurs when a company makes

Continue Reading