Ellison, Paramount Put Pressure on WBD for a Deal

Warner Bros. Discovery shares slid early Friday in premarket trading after a report from the New York Post said that Paramount Skydance could walk away from its $30-per-share cash bid and instead litigate against the company’s board for how it handled the process. But with Larry Ellison personally backing the Paramount bid, the pressure is still on. Bloomberg's Chris Palmeri reports.

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