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2026 › January › 07
Bros
6 months ago
WBD board says the offer 'remains inadequate' as some investors push back.
Warner Bros urges shareholders to reject 'inferior' Paramount offer ⊖
The Warner Bros board said it remained unanimous in recommending the deal with Netflix instead.
Warner Bros rejects ‘inadequate’ Paramount hostile bid ⊖⊖
Board warns offer is risky, citing the high amount of debt financing
WBD once again rejects Paramount offer in favor of Netflix deal ○
Warner Bros. Discovery's board still sees its deal with Netflix as the superior option over Paramount's recently amended hostile offer.
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