Warner Bros. Discovery’s board told its shareholders that Paramount Skydance’s offer “provides inadequate value” for the business.
Warner Bros. Discovery on Wednesday urged shareholders to reject Paramount Skydance’s $108.4 billion hostile bid, arguing that it created “significant risks and costs” for the company and that Netflix’s prior offer provides better value.
The move fol… [1443 chars]
Source: CBS News | Published: 2025-12-17T13:09:02Z
Credit: CBS News
