prakhar@affmantra.com

Paramount sweetens its bid for Warner Bros. Discovery with ‘additional benefits’

Paramount is again sweetening its hostile takeover bid for Warner Bros. Discovery, while again extending the deadline for its tender offer as it scrambles for more shareholder support. On Tuesday, the Skydance-owned company said it would pay Warner shareholders an added “ticking fee” if its deal doesn’t go through by the end of the year — amounting…

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Target CEO shuffles leadership team as his first big move after taking over

Target CEO Michael Fiddelke is reshuffling his leadership team and making other changes shortly after stepping into the top job at the retailer that has struggled operationally. Rick Gomez, the 13-year Target veteran who oversees the chain’s vast inventory of merchandise, will leave the company. And Jill Sando, the chief merchandising officer overseeing a handful…

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