Paramount Skydance (PSKY) says it plans to nominate directors to Warner Bros. Discovery (WBD) and has filed suit in Delaware seeking basic information.
Warner Bros. Discovery clapped back at Paramount Skydance's lawsuit seeking more financial details on WBD's deal with Netflix and said Paramount's continued campaign to try to convince Warner Bros. shareholders that its $30/share offer is superior is ...
Paramount Skydance has filed a lawsuit against Warner Bros. Discovery after its offer to buy the company was turned down. NBC News' Chloe Melas has details on the lawsuit, the current media acquisition deal with Netflix and a brewing proxy fight.