Early Wednesday morning, Warner Bros. Discovery, CNN’s parent company, published a letter to shareholders and an SEC filing, formally rejecting Paramount’s latest offer for the entire company, deeming ...
NEW YORK (AP) — Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers. “The Board reviewed Paramount ...
Paramount and Netflix are in a vicious tug-of-war over Warner Bros. Discovery. On one side of the rope: the suitor WBD’s board signed off on, Netflix, which announced a $72 billion deal last week. On ...
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