Netflix and WBD have switched their merger to an all-cash deal, effectively neutering Paramount's hostile bid.
After losing in court, Paramount hit the nuclear button: a proxy war to replace WBD's board.
The suit demands the board prove why the Netflix merger beats a $30-per-share cash payout.
Warner Bros. Discovery has formally rejected Paramount Skydance’s hostile bid... again.
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Let the streaming wars and lawsuits begin.
It started with a courtship and ended with a typo.
The US company will split its legacy and streaming assets apart. With a strong WBD footprint in Australia, the impact will be...
