Warner Bros. Discovery board faces pressure as activist investor threatens to vote no on Netflix deal
Yahoo Finance·2026-02-12 02:56

Activist investor Ancora Holdings urged Warner Bros. Discovery on Wednesday to engage with Paramount, which has received repeated rejections from Warner in its bid to buy the company. Above, the water tower at Warner Bros. Studios in Burbank. (Jae C. Hong / Associated Press) Activist investor Ancora Holdings Group is calling on the Warner Bros. Discovery board to consider a revised bid from Paramount Skydance and negotiate with the David Ellison-led company, or it says it will vote no on the proposed deal ...