'If you are serious…’: Warner Brothers’ 5th largest shareholder to Paramount
Paramount's bid for Warner Bros. Discovery received a boost with Larry Ellison's $40.4 billion guarantee, but a major shareholder believes a higher premium is needed. While some investors see Ellison's backing as stabilizing, the WBD board still recommends Netflix, citing misleading information. Investors now have until January 21 to decide.
Paramount's bid for Warner Bros. Discovery received a boost with Larry Ellison's $40.4 billion guarantee, but a major shareholder believes a higher premium is needed. While some investors see Ellison's backing as stabilizing, the WBD board still recommends Netflix, citing misleading information. Investors now have until January 21 to decide.
