Warner Bros. blasted Paramount, saying the David Ellison-led company's lawsuit was "yet another unserious attempt to distract and the Judge saw right through it."
Paramount wanted the court to fast-track the case so Warner Bros. shareholders could have access to financial details necessary to decide whether to accept its $30 per share all-cash tender offer ...
A judge ruled Paramount hasn't identified "irreparable harm" to itself as a Warner Bros. Discovery shareholder and denied a motion to expedite disclosure.
A Delaware judge dismissed Paramount's motion to expedite the lawsuit against WBD, which is seeking details on how WBD valued the overall Netflix transaction and the proposed Discovery Global networks spin-off.