Paramount Skydance has been frantically begging…
Bankers for Paramount Skydance have been actively wanting for activist traders to help it upend Warner Bros. Discovery’s sale of its studio and streaming service to Netflix, On The Money has discovered.
One emerged on Wednesday when Ancora Holdings announced it had constructed a tiny stake – just $200 million in a company with a market cap of almost $70 billion – as it makes an attempt to prod the WBD board to rethink its choice to settle for the $27.75 bid by Netflix for items of the company instead of Paramount Skydance’s $30-a-share offer to buy all of it.
The query is…
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