Paramount Skydance Corp (PSKY) fell 3.3% in early trading Thursday after the company increased its quarterly pending fee by $0.25 per share and committed to cover a $2.8 billion breakup fee. This move aims to challenge Warner Bros. Discovery's (WBD) proposed all-cash sale of a business unit to Netflix (NFLX). Activist investment firm Ancera has urged shareholders to reject the offer from Netflix.
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