Paramount claims that the board of directors hid the value of Paramount’s proposed offer to stockholders in an effort to expedite a deal with Netflix.
WILMINGTON, Del. (CN) — Paramount sued the Warner Bros. Discovery board of directors on Monday, arguing the studio giant breached its fiduciary duty in striking a multibillion dollar deal with Netflix.
Read Full Article: https://www.courthousenews.com/paramount-accuses-warner-bros-board-of-deception-in-netflix-merger/
