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Event Brief

Warner Bros board rejects Paramount takeover bid

Warner Bros Discovery's board prefers a merger with Netflix over a $108.4 billion bid from Paramount.
WHO: Warner Bros Discovery board
WHAT: rejected takeover bid from Paramount
WHEN: Dec 16, 2025 at 7:00 PM ET
WHERE: United States
WHY: Paramount's bid lacked adequate financing assurances

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