Comcast Joined Warner Bros. Bidding War Knowing Odds Were Low
Comcast Corp. President Mike Cavanagh said his company walked away from the bidding process for Warner Bros. Discovery Inc., knowing that the company’s offer didn’t have a “high likelihood” of...
By Kelcee Griffis · Bloomberg Markets
Comcast Corp. President Mike Cavanagh said his company walked away from the bidding process for Warner Bros. Discovery Inc., knowing that the company’s offer didn’t have a “high likelihood” of winning out.