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WBD rejected three Paramount offers, last for under $24/share: sources

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CEO of Warner Bros. Discovery David Zaslav speaks to members of the media as he arrives at the Sun Valley lodge for the Allen & Company Sun Valley Conference on July 8, 2025 in Sun Valley, Idaho.

Kevin Dietsch | Getty Images News | Getty Images

Warner Bros. Discovery has rejected three Paramount Skydance takeout offers as it fields broad buyout interest, CNBC’s David Faber reported Wednesday, citing sources.

Paramount’s last offer was for just under $24 per share, comprised of 80% cash, according to Faber, who previously reported a bid could come in at between $22 and $24 per share.

This story is developing. Please check back for updates.

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