Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid
NEW YORK (AP) — Warner Bros. again rejected a takeover bid from Paramount and told shareholders Wednesday to stick with a rival offer from Netflix. Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures — and urged shareholders just weeks ago to back its the sale of its streaming and studio business to Netflix for 77.9 billion hostile offer for the entire company. Warner Bros. Discovery said Wednesday that its ...