Warner Bros. Discovery announced on Tuesday that it has rejected the latest forced acquisition offer from Paramount Global at $30 per share. However, the company has given it a seven-day deadline to submit a better offer to acquire the company that owns the HBO Max streaming service and the 'Harry Potter' film franchise.
Warner Bros. Discovery Rejects Paramount Offer
Warner Bros. Discovery rejected a forced acquisition offer from Paramount Global at $30 per share, giving seven days to improve the offer.