Warner Bros. Just Gave the Ellisons an Expensive Path to a Deal
Warner Bros. Discovery Inc.’s rejection of the Ellison family’s $108 billion takeover bid takes the mudslinging in this battle up a notch. But the core sticking point remains: The Hollywood...
By Chris Hughes · Bloomberg
Warner Bros. Discovery Inc.’s rejection of the Ellison family’s $108 billion takeover bid takes the mudslinging in this battle up a notch. But the core sticking point remains: The Hollywood studio questions whether the Ellison-led consortium is good for the money. That objection ought to be easy to overcome, and yet it’s causing real difficulties.