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WBD rejects Paramount offer again in favor of Netflix deal
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WBD rejects Paramount offer again in favor of Netflix deal

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Warner Bros. Discovery's board still sees its deal with Netflix as the superior option over Paramount's recently amended hostile offer.

The Warner Bros. Discovery board on Wednesday once again unanimously recommended that WBD shareholders reject a hostile takeover offer from Paramount Skydance . The board said it continued to believe the Paramount bid is "inferior" to a previously an... [2839 chars]

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Source: CNBC

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