Warner Bros Discovery’s board has urged shareholders to reject a $108.4 billion hostile takeover bid from Paramount Skydance, saying it failed to provide adequate financing assurances. The board argued that the terms of a rival merger deal with Netflix represent “superior, more certain value for our shareholders”.
Trending
- Alex Gibney Elon Musk Documentary Unsettles Venice at World Premiere
- Gary Oldman Says the Next James Bond Has Been Selected
- Goldman expands AI push with new engineering office in Bellevue
- Middle East live: Israel to close British consulate in Jerusalem after sanctions on settlements
- Global trade accounted for 35% of the EU’s carbon footprint in 2023, study finds
- Instagram users face ransom demands over fake copyright claims
- Over de uitvinder van de Womanizer: hoe Michael Lenke het vrouwelijk genot veranderde
- C-sections hit record high in Wales as mothers warn of support gap
