According to @KobeissiLetter, Paramount launched a hostile takeover bid for Warner Brothers at $30 per share just days after Netflix had reportedly won the bidding war, setting a clear headline offer level for price discovery, source: @KobeissiLetter. According to @KobeissiLetter, Paramount stated the Netflix transaction provides Warner Brothers shareholders with inferior and uncertain value, indicating a contested outcome relative to the prior result, source: @KobeissiLetter. According to @KobeissiLetter, no additional terms (cash or stock mix, financing, or timing) were disclosed in the post, and the post does not cite any cryptocurrency market linkage or tokenized equity exposure, source: @KobeissiLetter.

According to @business, Warner Bros Discovery (WBD) rejected Paramount Skydance’s initial takeover approach as too low, citing people familiar with the matter (source: Bloomberg). The report did not disclose pricing, structure, or timing details of any proposal or potential revisions (source: Bloomberg). The report did not reference digital assets or any implications for cryptocurrency markets (source: Bloomberg).