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Warner Bros. Discovery rejected three bids from Paramount, WSJ reports

Warner Bros. Discovery (WBD) dismissed three offers from competitor Paramount Skydance (PSKY), including one that provided its CEO, David Zaslav, a position in leading the combined company, the Wall Street Journal’s Joe Flint reports, citing people familiar with the matter. Paramount CEO David Ellison sent a letter to the Warner Bros. board offering Zaslav to stay on as co-CEO and co-chairman.

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