Warner Bros. rejects Paramount's bid, accuses it of "consistently misleading" shareholders

Warner Brothers Discovery has rejected Paramount Skydance’s hostile takeover bid, saying it carries many dangers and is inferior to Netflix’s provide.  The corporate’s board mentioned the Ellison household that controls Paramount “persistently misled” them about ensures and urged shareholders to not promote them their shares. Plus, as oil costs rose following Donald Trump’s order to blockade oil tankers out and in of Venezuela, we check out simply how central oil is to the nation’s financial system. 



Source link