Warner Bros. Discovery says Paramount raised its takeover offer

Warner Bros. Discovery says Paramount raised its takeover offer

Paramount on Tuesday sweetened its offer to acquire Warner Bros. Discovery, as the David Zaslav-led media conglomerate pursues a sale of its entertainment studios and spinoff of its linear television assets. The offer from Paramount, which comes in at $31 per share, is the latest salvo in a hostile bid that seeks to undercut a…

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