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8 hours agoParamount files lawsuit against Warner Bros. amidst controversial Netflix merger | TechCrunch
Along with the WBD shareholders, we have asked for the customary financial disclosure a board is supposed to provide shareholders when making an investment recommendation...WBD has failed to include any disclosure about how it valued the overall Netflix transaction, how the purchase price reduction for debt works in the Netflix transaction, or even what the basis is for its 'risk adjustment' of our $30 per share all-cash offer. WBD shareholders need this information to make an informed investment decision on our offer,
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