Paramount Sues WBD For Details Around Sale, Plans Proxy Fight As It Escalates Battle To Derail Netflix Deal

In a major escalation, Paramount said it is planning to run a slate of directors at WBD's annual meeting and has sued for disclosures around the Netflix deal.
The Spokesman-Review

The $8 billion Skydance-Paramount Global deal is finally closing. Now what?

LOS ANGELES — After finally getting approval from the Federal Communications Commission, Skydance Media is just weeks away from completing its $8 billion merger with Paramount Global, leading to sweeping changes for some of the most iconic media brands.

Paramount Insists Its WBD Offer Is Still Better Than Netflix’s, but Doesn’t Raise Bid Above $30 Per Share

Paramount Skydance is undeterred by the Warner Bros. Discovery Board’s latest rejection of its offer to acquire the company, but is not raising its bid above its stated $30-per-share all-cash offer. At least not yet.

Why Paramount is now saying the TV networks it wants to buy from WBD are worth $0.00 per share

Paramount Skydance just said Warner Bros. Discovery's TV assets are worth nothing, even though it wants to buy them.
Feedback