How often do hostile takeovers actually work? Paramount's bid to land Warner Bros. may face uphill battle

Paramount Skydance has announced plans to lay siege to Warner Bros. Discovery in a high boardroom drama that feels like a throwback to the “Barbarians at the Gate” era of the 1980s. But what share of hostile takeovers actually succeed? About 24%. That’s according to two law professors who studied a database of more than […]