Warner Bros. Discovery Says Over 93% of Shareholders Have ‘Rejected Paramount’s Inferior Scheme’ in Favor of Netflix Deal ...Middle East

Warner Bros. Discovery fired back at the latest salvo from David Ellison’s Paramount Skydance, saying that more than 93% of its shareholders have rejected Paramount’s “inferior scheme” in favor of the $83 billion sale of WB to Netflix. WBD was responding to Paramount’s announcement Thursday that it was extending its hostile takeover offer of $30/share […]

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