Warner Bros CEO David Zaslav on Paramount offering ‘Big’ payout if company accepts merger at lower value: ‘It would be inappropriate to discuss…’
Warner Bros Discovery rejected Paramount's $30 per share takeover bid, opting instead for a deal with Netflix. Paramount's CEO, David Ellison, aggressively pursued WBD, even offering CEO David Zaslav hundreds of millions for his support. Despite escalating offers and personal enticements, WBD's board found the Netflix agreement more valuable for shareholders.
Warner Bros Discovery rejected Paramount's $30 per share takeover bid, opting instead for a deal with Netflix. Paramount's CEO, David Ellison, aggressively pursued WBD, even offering CEO David Zaslav hundreds of millions for his support. Despite escalating offers and personal enticements, WBD's board found the Netflix agreement more valuable for shareholders.
