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Paramount Skydance Sues Warner Bros. Discovery in Takeover Strategy
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Paramount Skydance Sues Warner Bros. Discovery in Takeover Strategy
©Courtesy of Paramount Skydance Paramount Skydance has announced its intention to sue Warner Bros. Discovery as part of its takeover strategy. According to Variety, the suit, filed on Monday in Delaware Chancery Court, is designed to force WBD to disclose details of its $83 billion deal with Netflix. Meanwhile, Warner’s board just rejected Paramount’s latest all-cash offer of $30 per share for its operations. Warner Bros. Discovery called Param…
Paramount is now suing Warner Bros. for lack of transparency in financial information.
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