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17 Feb 2026
Warner Bros rejects revised Paramount bid, but remains open to a final offer
Summary
Warner Bros Discovery rejected Paramount Skydance’s $30-a-share hostile bid but remains open to a final offer. Paramount, which has been vying for control of Warner Bros, has until February 23 to make a new offer, which Netflix can match. Warner Bros prefers the Netflix deal and is moving forward with a shareholder vote on March 20.