Paramount Skydance sues Warner Bros. Discovery in hostile takeover attempt

    https://www.cnbc.com/2026/01/12/paramount-skydance-warner-bros-discovery-suit.html

    Posted by Force_Hammer

    6 Comments

    1. And now that Trump has weighed in on the subject, they’re further emboldened to keep up with their badgering.

      I have no idea what legal standing they have to claim that they have any kind of right to the decision making of two independent companies

    2. lies_are_comforting on

      Help me understand how paramount (market cap $13 billion) can buyout the larger Warner bros (market cap $70 billion) ?

    3. Yall see hostile and think violence is about to happen.

      Hostile takeover is business maneuvering to take over a company, legally, against the wishes of the board, normally through appealing directly to shareholders holders and or changing management at the company, legally, to people more favorable to the transaction.

    4. Straight-Ad6926 on

      It’s like watching two billionaire toddlers fight over a toy, except the toy is SpongeBob SquarePants and thousands of people’s jobs.

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