Netflix took aim at Paramount on Tuesday after Warner Bros. Discovery said it would give David Ellison until Feb. 23 to submit his “best and final” offer for the entire company.
“Throughout the robust and highly competitive strategic review process, Netflix has consistently taken a constructive, responsive approach with Wbd, in stark contrast to Paramount Skydance (Psky),” Netflix said in a statement. “While we are confident that our transaction provides superior value and certainty, we recognize the ongoing distraction for Wbd stockholders and the broader entertainment industry caused by Psky’s antics.”
“Accordingly, we granted Wbd a narrow seven-day waiver of certain obligations under our merger agreement to allow them to…
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‘ Some details of this article were extracted from the following source www.imdb.com ’
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