Mergers and Acquisitions

Ted Sarandos said he knew "right away" Netflix would decline to counter Paramount’s winning attempt to buy Warner Bros. Discovery and added President Trump's role was overestimated.

Netflix quickly exits Warner Bros. Discovery bidding war, declining to match Paramount Skydance's offer after just over an hour of consideration.

Netflix co-CEO Ted Sarandos accused director James Cameron of spreading misinformation about Netflix's proposed Warner Bros. Discovery acquisition after Cameron criticized the deal.

Netflix faces DOJ investigation over its proposed $82.7 billion Warner Bros acquisition, but the streaming giant calls it "ordinary course of business."

Netflix sweetened its deal to buy Warner Bros. Discovery's studios and HBO streaming business to an all-cash offer, the companies said Tuesday.

Luxury retailer Saks files for bankruptcy after missing $100 million payment, triggering restructuring amid mounting debt from Neiman Marcus acquisition.

Paramount insists its $30 per share cash offer for Warner Bros. Discovery beats Netflix's $27.75 deal, despite board rejection of the hostile takeover bid.

Warner Bros. Discovery announced that its board unanimously rejected Paramount’s tender offer, saying it’s not in the best interest of shareholders and Netflix is the preferred partner.

After CBS News' decision to delay a "60 Minutes" segment about migrants deported to an El Salvador prison, some critics have alleged the move was to curry favor with the Trump administration.

iRobot filed for bankruptcy and will be bought by Chinese manufacturer after Amazon's $1.4 billion acquisition was blocked by the FTC on antitrust grounds last year.

Netflix and Paramount would face similar antitrust challenges in their competing bids to acquire Warner Bros. Discovery, with regulators expected to scrutinize both deals.

Paramount CEO David Ellison announced on Monday the company has launched an all-cash tender offer to acquire the outstanding shares of Warner Bros. Discovery.