Warner Bros. Discovery wants its shareholders to reject Paramount’s latest offer

Though Paramount Skydance was trying to bargain Warner Bros. Discovery for overmuch much wealth than Netflix is offering, David Zaslav and the remainder of WBD's committee are urging their shareholders to springiness Oracle scion David Ellison the acold shoulder.

Today, WBD's committee announced that it has unanimously decided that its shareholders would beryllium overmuch amended disconnected rejecting Paramount Skydance and accepting Netflix's bid to bargain the company's workplace accumulation and streaming arms. The quality comes weeks aft WBD archetypal said that it was acceptable to instrumentality Netflix up connected its $82.7 cardinal acquisition offer, and days aft Paramount tried to support the bidding warfare going by upp …

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