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#Warner Bros. Discovery Paramount bid rejection

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Conceptual image of Warner Bros. Discovery and Paramount logos in a business standoff
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Warner Bros. Discovery Rejects Paramount's $108.4 Billion Hostile Bid for Netflix Deal

Warner Bros. Discovery has rejected Paramount's $108.4B hostile bid, preferring Netflix's $82.7B deal. WBD cited Paramount's high debt and junk credit rating as key risks.