Paramount might beat Netflix for Warner Bros.
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Warner Bros. Discovery (NASDAQ:WBD) on Tuesday rejected the latest hostile takeover bid from Paramount Skydance (NASDAQ:PSKY), giving the David Ellison-led company until February 23 to submit its "best and final offer.
Netflix is facing a new consumer lawsuit seeking to block its proposed acquisition of Warner Bros. Discovery’s studio and streaming assets, adding to the intensifying legal and political scrutiny of the high-stakes deal.
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