News

Warner rejects Paramount’s hostile takeover bid

Warner rejects Paramount’s takeover bid as “illusory,” raising doubts about financing and value for shareholders amid regulatory risks.

Published

1 month ago

December 18, 2025

Harvey Vargas

Warner rejects Paramount’s takeover bid as “illusory,” raising doubts about financing and value for shareholders amid regulatory risks.

Warner has officially rejected Paramount’s hostile takeover bid, calling the proposal “illusory” and raising serious doubts about the credibility of its financing. The board says the offer fails to deliver clear value for shareholders.

Paramount’s bid is being driven by Chief Executive David Ellison, whose family is the majority shareholder, but Warner remains unconvinced the structure or funding stack up. Paramount, however, insists its proposal is shareholder-friendly and says it could sweeten the deal before the expiry deadline.

Regulatory uncertainty and the risk of significant job losses are also looming large, adding further pressure to an already tense media showdown.

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#WarnerBros #Paramount #MediaWars #StreamingBattle #HollywoodBusiness #Mergers #EntertainmentNews #Ticker

News

India and EU strike major trade agreement with big gains on exports and jobs

India and the EU finalize a major trade deal to cut tariffs, boost exports, and enhance migration opportunities.

Published

43 minutes ago

January 28, 2026

Harvey Vargas

India and the EU finalize a major trade deal to cut tariffs, boost exports, and enhance migration opportunities.

India and the European Union have finalised a major trade agreement after nearly two decades of negotiations, marking one of the most significant global trade breakthroughs in recent years.

The deal will see Indian tariffs on 30 per cent of EU goods removed immediately, with duties on more than 96 per cent of traded products either eliminated or reduced over time. This includes sharp tariff cuts on European cars and alcoholic beverages.

#GlobalTrade #WorldEconomy #IndiaEU

News

U.S. Naval Strike Group moves into Middle East as Iran protests escalate

US carrier group deployed to Middle East amid escalating Iran tensions and ongoing protests with high casualties. #IranProtests #MiddleEastCrisis #USMilitary

Published

47 minutes ago

January 28, 2026

Harvey Vargas

US carrier group deployed to Middle East amid escalating Iran tensions and ongoing protests with high casualties. #IranProtests #MiddleEastCrisis #USMilitary

A US aircraft carrier group has arrived in the Middle East as tensions rise over a potential strike against Iran. President Donald Trump says he hopes military action will not be necessary, but has deployed a strike group to the region. The Iranian currency has plunged to a record low, trading at 1.5 million against the dollar.

Reports indicate over 6,100 confirmed deaths from the crackdown on protests in Iran, with thousands more fatalities under investigation. The unrest has been fuelled by economic hardship, sparking widespread demonstrations against authorities.

#IranProtests #MiddleEastCrisis #USMilitary