12 hours ago · Paramount had “consistently misled WBD shareholders that its proposed transaction has a ‘full backstop’ from the Ellison family”, the board wrote in the letter.

12 hours ago · Warner Bros. Says Ellisons ‘Misled’ Shareholders in Takeover Bid The claim was made as part of Warner Bros. Discovery’s dismissal of Paramount’s hostile takeover offer.

Warner Bros has pushed its shareholders to reject Paramount’s “inferior” and “inadequate” bid and vote for its original agreement with Netflix.

12 hours ago · Paramount launched a hostile bid for WBD, taking a $30-per-share, all-cash offer directly to shareholders. The WBD board recommended shareholders reject that offer and stick with a deal …

11 hours ago · Warner Bros. Discovery told shareholders Netflix’s deal was better than Paramount’s offer, urging them to reject the latter.

1 day ago · The board of directors for Warner Bros. Discovery is pressuring its shareholders to reject the hostile takeover by Paramount Skydance.

11 hours ago · The board at Warner Bros. Discovery Inc. said early on Wednesday that its members had unanimously recommended that shareholders reject Paramount Skydance’s bid for the company in …