Paramount Skydance ‘Prepared to Engage’ With Warner Bros. Discovery on Takeover Talks, but Doesn’t Indicate Whether It Will Raise Price of Its Hostile Bid

Will David Ellison move higher than Paramount Skydance’s current $30-per-share offer for Warner Bros. Discovery? The company didn’t indicate that it is willing to increase the price tag for its hostile takeover bid but said it was ready to start M&A talks in the seven-day negotiating window opened by WBD. “Although the [Warner Bros. Discovery] […]