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Event Brief

Warner Bros Rejects Paramount Bid, Open to Final Offer

Warner Bros Discovery rejects Paramount's $30/share bid but is open to a better offer amid Netflix deal.
WHO: Warner Bros Discovery, Paramount Skydance
WHAT: Rejected acquisition bid
WHEN: Feb 16, 2026 at 7:00 PM ET
WHERE: Location not specified
WHY: To explore better offers while committed to Netflix deal
Sources (1): Al Jazeera

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