Paramount Skydance boss David Ellison has bid $24 a share for Warner Bros. Discovery – a mega-deal worth $57 billion that was nevertheless rejected as takeover negotiations between the media giants heat up , The Post has learned.
The latest back and forth – which has played out only in recent days – marks the third straight time Ellison has been rebuffed as WBD’s wily CEO David Zaslav shops the company to a number of large media and tech outfits, sources said.
News of the spurned $24-a-share bid hasn’t previously been reported. On The Money reported last week that such a bid was in the offing . Now, people inside WBD are expecting a fourth bid from Ellison imminently, On The Money has learned. 3
On Tuesday, WBD disclosed that it has received “unsolicited interest” from prospe