When at first you don’t succeed, try, try, try again. This infamous proverb sums up Paramount Skydance (“Paramount”) CEO and chair David Ellison’s bidding battle for Warner Bros. Discovery, in which the 9th offer for $81 billion came out on top, beating out Netflix’s deal. 1 Paramount officially announced its acquisition of Warner Bros. Discovery on February 27, 2026. 2 With unanimous board approval from both companies, Paramount will pay $31 per share in cash for all outstanding...