Paramount 11th-hour, hostile bid for Warner Bros Discovery was rooted in what it considered a lack of responsiveness from Warner Bros late last week.
Read More Warner Bros’ lack of response fueled Paramount’s hostile bid, filing says
Category: Business
Paramount goes hostile in bid for Warner Bros., challenging a $72 billion bid by Netflix
Paramount said Monday that it going straight to Warner Bros. shareholders with a $30 per share in cash offer for the entirety of Warner Bros. Discovery.
Read More Paramount goes hostile in bid for Warner Bros., challenging a $72 billion bid by Netflix
Netflix to acquire Warner Bros. studio and streaming business for $72 billion
The acquisition would bring two of the industry’s biggest players in film and TV under one roof and alter the entertainment industry landscape.
Read More Netflix to acquire Warner Bros. studio and streaming business for $72 billion
Paramount accuses Warner Bros Discovery of unfair sale process, CNBC reports
Paramount Skydance has accused Warner Bros Discovery of running an unfair sale process that favors Netflix over other bidders.
Read More Paramount accuses Warner Bros Discovery of unfair sale process, CNBC reports
US private payrolls decline in November as small businesses shed jobs
The weakness is probably not a true reflection of the labor market’s health, with recent government data showing layoffs remaining at low levels late last month.
Read More US private payrolls decline in November as small businesses shed jobs
ByHeart baby formula from all lots may be contaminated with botulism bacteria, tests show
Tests of ByHeart infant formula tied to a botulism outbreak showed that all of the company’s products may have been contaminated.
Read More ByHeart baby formula from all lots may be contaminated with botulism bacteria, tests show