Warner Bros. Discovery Calls Paramount Lawsuit ‘Meritless,’ Says David Ellison-Led Company ‘Has Yet to Raise the Price’ of Its Takeover Bid

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 an attempt to “distract” investors. In a statement, WBD said Paramount’s lawsuit filed Monday in Delaware Chancery Court […]