Paramount bid

Sunday 14 November 1993 00:02 GMT

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

QVC, the US home-shopping company, seized the advantage in the battle for Paramount when it upped its bid from dollars 9.5bn ( pounds 6.5bn) to dollars 10.8bn on Friday, according to US analysts. They said the higher offer - of dollars 90 in cash per share - would give QVC a powerful argument in its case before a Delaware court this Tuesday, when it will seek to invalidate Paramount's anti-takeover provisions. Rival Viacom may now have to lift its dollars 85 a share bid.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Paramount bid

Join our commenting forum

Thank you for registering