00:00Paramount Skydance is suing Warner Brothers Discovery and CEO David Zasloff in Delaware as part of its hostile bid to acquire the company, according to a letter from CEO David Ellison to WBD shareholders. The lawsuit seeks to force WBD to disclose details about its sale process and its pending deal with Netflix, including valuation methods and debt adjustments. Ellison argues the lack of disclosure prevents shareholders from properly evaluating
Be the first to comment