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WBD recommends shareholders reject Paramount's unsolicited $108.4B cash bid, calling the offer "illusory" and saying it believes Netflix's proposal is superior (Wall Street Journal) from Techmeme RSS feed.
WBD recommends shareholders reject Paramount's unsolicited $108.4B cash bid, calling the offer "illusory" and saying it believes Netflix's proposal is superior (Wall Street Journal)
Wall Street Journal:
WBD recommends shareholders reject Paramount's unsolicited $108.4B cash bid, calling the offer “illusory” and saying it believes Netflix's proposal is superior — Warner raised concerns about the credibility of Paramount's ‘illusory’ offer and its backing from the Ellison family