Paramount on Wednesday reaffirmed its 108billionhostiletakeoverbidforWarnerBros.Discovery,whichearlierinsisteditsshareholdersrejecttheproposalinfavorofNetflix.Inalettertoshareholders,WarnerBros.DiscoverysaidtheDavidEllison−ledhostileofferwas“inferior”toNetflix’soffervaluingitsstudioandstreamingbusinessesat27.75 per share.In the three-page letter, Warner Bros. Discovery chair Samuel DiPiazza said the board conducted another review of Paramount’s latest offer an ...