The Economic Times

Paramount's next target in hostile takeover bid of Warner Bros. is a board of its own making

Paramount Skydance is escalating its hostile takeover bid for Warner Bros. Discovery by announcing plans to nominate its own directors and suing to force disclosure of Warner's valuation of competing offers. Despite Warner's leadership repeatedly rejecting Paramount's overtures and urging shareholders to back a Netflix deal, Paramount remains committed to its tender offer.