Paramount is not raising its bid for Warner Bros. Discovery above $30 per share — at least not yet. On Thursday, Paramount responded to WBD’s latest rejection letter by repeating its view that ...
Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...
Editor's take: It's no surprise that WBD recommended investors reject Paramount's offer. Beyond the $5.8 billion breakup fee with Netflix, it was clear that the $14 billion bidder lacked the clout of ...