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Flipboard Culture Desk
@CultureDesk@flipboard.social  ·  activity timestamp 3 days ago

David Ellison still wants Warner Bros. His coalition, which includes Middle Eastern sovereign wealth funds and Jared Kushner's Affinity Partners, is launching a $108.4B hostile takeover bid of the company. Last week, Warner Bros.' board agreed a deal with Netflix; this new bid will go directly to shareholders. Here's more from @Variety.

https://flip.it/KCRBzX

#Entertainment #EntertainmentIndustry #WarnerBros #Netflix #Paramount #Business

Variety

Paramount Launches Hostile Takeover Bid for Warner Bros. Discovery Valued at $108 Billion, Seeking to Derail Netflix’s Deal

David Ellison is not going away quietly in his quest to land Warner Bros. Discovery.
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