Paramount Amends Hostile Bid for Warner After Co. Rejected Deal

Dow Jones12-22 21:12

By Connor Hart

Paramount said it has amended its $30 per share all-cash offer for Warner Bros. to address the entertainment company's concerns, continuing its attempt to beat out Netflix to buy the company.

The disclosure comes after Warner Bros. last week recommended shareholders reject Paramount's unsolicited bid for the company, questioning the funding structure for the deal.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

December 22, 2025 08:12 ET (13:12 GMT)

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