Warner Bros. Discovery likely to reject Paramount…
Warner Bros. Discovery’s board may announce a determination as early as Wednesday on Paramount Skydance’s $108.4 billion takeover bid, with the board likely to advise shareholders to vote against the offer, according to sources acquainted with the matter.
The determination to recommit to Netflix’s buyout offer would mark the latest twist in the race for property that embrace Warner Bros.’ storied movie and TV studio, and its in depth movie and tv library, whose portfolio consists of classics ranging from “Casablanca” and “Citizen Kane” to up to date favorites…
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