Wall Street Journal:

WBD recommends shareholders reject Paramount's unsolicited $108.4B cash bid, calling the offer “illusory” and saying it believes Netflix's proposal is superior  —  Warner raised concerns about the credibility of Paramount's ‘illusory’ offer and its backing from the Ellison family

Wall Street Journal:

WBD recommends shareholders reject Paramount's unsolicited $108.4B cash bid, calling the offer “illusory” and saying it believes Netflix's proposal is superior  —  Warner raised concerns about the credibility of Paramount's ‘illusory’ offer and its backing from the Ellison family

Source: TechMeme
Source Link: http://www.techmeme.com/251217/p21#a251217p21