Its a Deal: Paramount and Warner Bros. Discovery Unveil $111 Billion Megamerger
Paramount‘s $111 billion megadeal for Warner Bros. Discovery is officially a go. The two companies formally unveiled the deal Friday after Netflix formally bowed out of the running a day earlier, citing a price that was “no longer financially attractive.” Paramount mogul David Ellison said:“From the very beginning, our pursuit of Warner Bros. Discovery has…
