$108-bn hostile bid: Paramount moves to take over Warner Bros; challenges Netflix’s $72-bn offer
NEW DELHI: Paramount has launched a $108 billion hostile bid to acquire Warner Bros Discovery (WBD), directly appealing to shareholders just days after WBD agreed to be acquired by Netflix. The move sets up a rare, high-stakes media battle that could reshape global entertainment.The offer, announced late Monday, comes from Paramount and its CEO David…