Warner Bros Discovery Unanimously Recommends Stockholders Reject Paramount Skydance Offer

Reuters

12/17

Dec 17 (Reuters) - Warner Bros Discovery Inc ::
*WARNER BROS DISCOVERY: UNANIMOUSLY RECOMMENDS STOCKHOLDERS REJECT PARAMOUNT SKYDANCE OFFER - SEC FILING
*WARNER BROS DISCOVERY: UNANIMOUSLY RECOMMEND NETFLIX MERGER AGREEMENT IS IN BEST INTERESTS OF STOCKHOLDERS
*WARNER BROS DISCOVERY: PARAMOUNT SKYDANCE TENDER OFFER REMAINS INFERIOR TO NETFLIX MERGER
*WARNER BROS DISCOVERY: PARAMOUNT OFFER PROVIDES INADEQUATE VALUE AND IMPOSES NUMEROUS, SIGNIFICANT RISKS AND COSTS ON WBD
*WARNER BROS DISCOVERY: PARAMOUNT "HAS CONSISTENTLY MISLED" WBD SHAREHOLDERS THAT ITS PROPOSAL HAS “FULL BACKSTOP” FROM ELLISON FAMILY
*WARNER BROS DISCOVERY: INFORMED PARAMOUNT OF MATERIAL DEFICIENCIES AND OFFERED POTENTIAL SOLUTIONS, BUT PARAMOUNT NEVER SUBMITTED SUPERIOR PROPOSAL
*WARNER BROS DISCOVERY: THERE IS NO MATERIAL DIFFERENCE IN REGULATORY RISK BETWEEN PARAMOUNT OFFER AND NETFLIX MERGER
*WARNER BROS DISCOVERY: LOOKS FORWARD TO MOVING AHEAD WITH COMBINATION WITH NETFLIX
*Further company coverage: WBD.O
* ((Reuters.Briefs@thomsonreuters.com;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 17-DEC-202512:22:50.537 GMT

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Warner Bros Discovery Inc <wbd.o>::<br/>*WARNER BROS DISCOVERY: UNANIMOUSLY RECOMMENDS STOCKHOLDERS REJECT PARAMOUNT SKYDANCE OFFER - SEC FILING<br/>*WARNER BROS DISCOVERY: UNANIMOUSLY RECOMMEND NETFLIX MERGER AGREEMENT IS IN BEST INTERESTS OF STOCKHOLDERS<br/>*WARNER BROS DISCOVERY: PARAMOUNT SKYDANCE TENDER OFFER REMAINS INFERIOR TO NETFLIX MERGER<br/>*WARNER BROS DISCOVERY: PARAMOUNT OFFER PROVIDES INADEQUATE VALUE AND IMPOSES NUMEROUS, SIGNIFICANT RISKS AND COSTS ON WBD<br/>*WARNER BROS DISCOVERY: PARAMOUNT \"HAS CONSISTENTLY MISLED\" WBD SHAREHOLDERS THAT ITS PROPOSAL HAS “FULL BACKSTOP” FROM ELLISON FAMILY<br/>*WARNER BROS DISCOVERY: INFORMED PARAMOUNT OF MATERIAL DEFICIENCIES AND OFFERED POTENTIAL SOLUTIONS, BUT PARAMOUNT NEVER SUBMITTED SUPERIOR PROPOSAL<br/>*WARNER BROS DISCOVERY: THERE IS NO MATERIAL DIFFERENCE IN REGULATORY RISK BETWEEN PARAMOUNT OFFER AND NETFLIX MERGER<br/>*WARNER BROS DISCOVERY: LOOKS FORWARD TO MOVING AHEAD WITH COMBINATION WITH NETFLIX<br/>*Further company coverage: WBD.O<br/>* ((Reuters.Briefs@thomsonreuters.com;))<br/><br/>  ((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))<br/>  Source Date/Time = 17-DEC-202512:22:50.537 GMT</wbd.o></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2362541513.USD","symbol_name":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251217:nRSD9yvSQs:1","article_id":"2592997924","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592997924","pubTimestamp":1765975143,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Dec 17 (Reuters) - 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