Paramount Faces Regulatory Hurdle
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Paramount is taking its pursuit of CNN’s parent company Warner Bros. Discovery to court. On Monday Paramount CEO David Ellison announced a lawsuit in Delaware Chancery Court, where shareholders typically bring corporate disputes, as it attempts a hostile ...
Paramount executives have begun speaking to WBD shareholders to gauge their interest in tendering their shares against the recommendation of WBD's board to sell its studio and streaming assets to Netflix. Paramount altered its offer Monday with a personal ...
The announcement was the latest in a series of increasingly aggressive actions by Paramount to buy Warner Bros. By Lauren Hirsch Paramount on Monday dialed up pressure in its hostile bid for Warner Bros. Discovery, saying that it intended to nominate ...