Paramount Reaffirms $30 Bid for WBD Amid Shareholder Division
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Stock Reaction: Paramount Skydance shares rose 2.69% to $12.60 in premarket trading on January 9, 2026, reflecting market optimism towards its $30 all-cash bid for Warner Bros. Discovery, despite the proposal being rejected by WBD's board.
- Acquisition Proposal Analysis: Paramount's detailed analysis indicates that Netflix's transaction value to WBD shareholders is only $27.42 per share, significantly lower than its $30 cash offer, highlighting the relative advantage of its proposal, which may influence shareholder decisions.
- Financing Assurance: Paramount has provided an irrevocable personal guarantee from Oracle CEO Larry Ellison for the $40 billion equity financing, alongside $54 billion in committed debt financing from Bank of America, Citibank, and Apollo Capital Management, enhancing the credibility of its acquisition proposal.
- Market Competition Landscape: Major WBD shareholders are divided on the competing offers, with Pentwater Capital, the seventh-largest shareholder, publicly stating that the board's refusal to engage with Paramount is a mistake, potentially leading to a reevaluation of the acquisition proposals by shareholders.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
