Warner Bros. Rejects Paramount Bid
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Warner Bros. Discovery rejected the $30/share takeover bid from David Ellison's Paramount Skydance, with WBD unanimously backing the deal with Netflix.
Sen. Elizabeth Warren (D-MA) and Sen. Richard Blumenthal (D-CT) are calling on Attorney General Pam Bondi to recuse herself from any review of the Warner Bros. Discovery transaction because of her previous employment with D.