Warner Bros. Discovery Aktie News

The CBS owner said in a statement that it would extend the deadline for its tender offer but stuck by its $30-a-share bid.

Paramount Skydance CEO David Ellison is urging Warner Bros. Discovery shareholders to reject rival Netflix's already accepted offer, but has so far stopped shy of raising his own counteroffer.

Netflix has agreed to pay $27.75 per share for Warner Bros. Discovery's movie studio and streaming business, but not the cable networks, which own WBD's sports rights.

Paramount has extended the deadline for Warner Bros. Discovery shareholders to throw their support behind the company's hostile takeover bid. The initial deadline of Wednesday has now been pushed to February 20.

Paramount Skydance on Thursday extended the deadline on its hostile tender offer for Warner Bros Discovery to February 20, giving it more time to persuade investors that its bid for the Hollywood studio trumps a rival deal with Netflix.

Amended Netflix merger agreement represents acknowledgment by WBD that its original agreement was inferior, but new transaction remains inferior to Paramount's $30 per share all cash offer Paramount will solicit WBD shareholders to vote against the Netflix transaction and other proposals at WBD special meeting Paramount extends its tender offer as it continues to work toward regulatory clearanc...

Intel (INTC) surged 11% ahead of its Q4 earnings release, with the sector broadly higher. Paramount Skydance (PSKY) extended its Warner Bros.

WBD's wily CEO has tried to turn up the heat on Paramount CEO Ellison.