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Warner Bros urges shareholders to reject 'inferior' Paramount offer

Source: BBC

Warner Bros Discovery has told its shareholders to reject an "inferior" updated bid from Paramount Skydance to buy the company.It is the second time in less than a month the Warner Bros board has urged its shareholders to say no to the Paramount offer, after announcing on 5 December that Netflix was buying the company's film and streaming businesses for $72bn (£54bn).The Warner Bros board said the offer was not…

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Read the original source at BBC