Paramount launches hostile buyout offer for Warner/HBO/CNN. David Ellison speaking publicly on cnbc, says Warner ignored $30 all cash offer. Interview happening right now.
David Ellison-run Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery. Paramount will go straight to WBD shareholders with an all-cash, $30-per-share offer. Netflix won a bidding war for the Warner Bros. film studio and HBO Max …