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fromFortune
2 weeks ago
Business

Warner Bros. shareholders were 'consistently misled' by Paramount, board says in rejection letter: There's no Ellison family backstop, and never was | Fortune

fromEngadget
2 weeks ago
Television

Warner Bros. Discovery rejects Paramount's hostile bid

Warner Bros. Discovery's board rejected Paramount Skydance's $108 billion takeover and reaffirmed commitment to an $82.7 billion merger with Netflix, citing superior terms.
fromwww.theguardian.com
2 weeks ago
Business

Warner Bros Discovery urges shareholders to reject Paramount's $108.4bn takeover bid

Warner Bros. Discovery urged shareholders to reject Paramount Skydance's $108.4bn hostile takeover offer, calling it inadequate and riskier than the planned Netflix merger.
fromFortune
2 weeks ago
Business

Warner Bros. shareholders were 'consistently misled' by Paramount, board says in rejection letter: There's no Ellison family backstop, and never was | Fortune

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fromArs Technica
4 weeks ago

Paramount tries to swipe Warner Bros. from Netflix with a hostile takeover

Although the US Department of Justice (DOJ) holds the power to block mergers that it deems to go against antitrust laws, Trump's influence over the DOJ can't be overlooked. While Paramount previously seemed to establish a good relationship with the president, Netflix co-CEO Ted Sarandos may have done the same recently. Sarandos "spoke with the president in the last couple of weeks in a confab that lasted about two hours," The Hollywood Reporter reported on Sunday, citing "multiple" anonymous sources.
US politics
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