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Paramount Launches $108.4 Billion Hostile Bid to Buy Warner Bros.

By Andrew Moran In a last-ditch effort to acquire the Warner Bros. entertainment empire, Paramount Skydance has launched a hostile bid to purchase the company’s legacy assets. Last week, streaming juggernaut Netflix outlasted competitors in a months-long battle to buy Warner Bros., beating out Paramount and Comcast. Netflix secured a $72 billion equity deal covering […]