WBD board tells shareholders to reject Paramount Skydance takeover offer

Entertainment

Wbd Board Tells Shareholders To Reject Paramount Skydance Takeover Offer

By CNBC

The Warner Bros. Discovery board on Wednesday said it unanimously recommended that WBD shareholders reject a takeover offer from Paramount Skydance and stick with a "superior" proposal from Netflix . Last week, Paramount launched a hostile bid for WB ...Read more