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Michelle F. DavisFortune |
Warner Bros. Discovery Inc. is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms,...

Global transaction values have risen around 40% to about $4.5 trillion this year, data compiled by Bloomberg show, the second highest on record.

While most Americans were feasting, Netflix executives and advisers hunkered down to finalize a binding offer and a $59 billion bridge loan.

The combination is one of the largest of the year and comes as cable companies are facing increasing competition from wireless providers and streaming...
