Warner Bros. Discovery is up for sale / multiple offers rejected (1 Viewer)

[Matthew]

Warner Bros. Discovery is ready for a sale

WBD might soon be acquired by another company.

www.theverge.com

Warner Bros. Discovery Initiates Review of Potential Alternatives to Maximize Shareholder Value

/PRNewswire/ -- While Warner Bros. Discovery (the "Company") (NASDAQ: WBD) continues to advance its previously announced separation of Warner Bros. and...

www.prnewswire.com

While Warner Bros. Discovery (the "Company") (NASDAQ: WBD) continues to advance its previously announced separation of Warner Bros. and Discovery Global, its Board of Directors today announced it has initiated a review of strategic alternatives to maximize shareholder value, in light of unsolicited interest the Company has received from multiple parties for both the entire company and Warner Bros.

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My biggest concern is how the new owners will handle the DCU. I'm really hoping whatever happens, they leave the DCU alone and let James Gunn do his thing. Three offers have been rejected so far with the last one from Paramount being just under $24/share. Some people are speculating that the executives are holding out for a bigger payday because they believe they will be out of a job after the sale is completed.

 

[ShortieGamez]

Warner Bros. Discovery is ready for a sale

WBD might soon be acquired by another company.

www.theverge.com

Warner Bros. Discovery Initiates Review of Potential Alternatives to Maximize Shareholder Value

/PRNewswire/ -- While Warner Bros. Discovery (the "Company") (NASDAQ: WBD) continues to advance its previously announced separation of Warner Bros. and...

www.prnewswire.com

My biggest concern is how the new owners will handle the DCU. I'm really hoping whatever happens, they leave the DCU alone and let James Gunn do his thing. Three offers have been rejected so far with the last one from Paramount being just under $24/share. Some people are speculating that the executives are holding out for a bigger payday because they believe they will be out of a job after the sale is completed.

Click to shrink...

That would make sense, being that we have seen it happen with other companies. The company sells, and then people lose their jobs. It is getting to the point now where people are looking more for insurance when the sale goes through.

 

[Daedalus]

I'm not surprised they're struggling to sell. They've went downhill over the past five to ten years. They've spent bloated budgets on film projects that haven't delivered returns and the investors are probably pissed.