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WBD recommends shareholders reject Paramount's unsolicited cash bid, calling the offer "illusory" and saying it believes Netflix's proposal is still superior (Wall Street Journal)
17
Dec
Dec
Wall Street Journal:
WBD recommends shareholders reject Paramount’s unsolicited cash bid, calling the offer “illusory” and saying it believes Netflix’s proposal is still superior — Warner raised concerns about the credibility of Paramount’s ‘illusory’ offer and its backing from the Ellison family
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