Paramount Skydance offered $30/share for Warner Bros. Disovery – report

  • Paramount Skydance (PSKY) offered $30/ share for all of Warner Bros. Discovery (WBD), according to a CNBC report, which cited people familiar with the matter. Shares of Warner Bros. rose 4.8% in premarket trading.
  • The offer would be above the $27.75 a share cash and stock offer that Warner Bros. (WBD) agreed to take from Netflix (NFLX) earlier on Friday.
  • Netflix (NFLX) earlier said it will acquire Warner Bros. Discovery (WBD), including its film and television studios, HBO Max and HBO, for a total enterprise value of ~$82.7 billion.

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