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Warner Bros rejects updated Paramount takeover bid, backs Netflix deal - Source News

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Warner Bros rejects updated Paramount takeover bid, backs Netflix deal

Vanguard•3 days ago•centre•Credibility: 80/100

The board of entertainment and news giant Warner Bros. Discovery (WBD) urged shareholders Wednesday to reject an updated takeover bid by rival Paramount, saying it is inferior to Netflix's offer. The post Warner Bros rejects updated Paramount takeover bid, backs Netflix deal appeared first on Vanguard News.

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Warner Bros rejects updated Paramount takeover bid, backs Netflix deal

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