Lucas Manfredi / The Wrap:

WBD's board unanimously rejects Paramount's amended $108.4B acquisition offer, saying the bid still has “significant” risks compared to Netflix's $83B offer  —  The board says the revised $108.4 billion bid continues to offer “significant costs, risks and uncertainties” compared to its $83 billion deal with Netflix

Lucas Manfredi / The Wrap:

WBD's board unanimously rejects Paramount's amended $108.4B acquisition offer, saying the bid still has “significant” risks compared to Netflix's $83B offer  —  The board says the revised $108.4 billion bid continues to offer “significant costs, risks and uncertainties” compared to its $83 billion deal with Netflix

Source: TechMeme
Source Link: http://www.techmeme.com/260107/p16#a260107p16