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corporate dealmaking

FILE PHOTO: A drone view shows a sign for Paramount in front of the Hollywood sign in Los Angeles, California, December 8, 2025. REUTERS/Daniel Cole/File Photo
Jan 8, 2026

Less than zero: Paramount reaffirms Warner Bros offer, dumps on cable spinoff

Paramount reaffirms its acquisition offer for Warner Bros and rejects a planned cable spinoff as strategic focus shifts.

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