Ancora Releases Presentation Regarding its Strong Opposition to the Currently Proposed WBD-Netflix Merger
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations:
ir.netflix.com/investor-relations
Company Research
Source: Business Wire
Contends the Netflix Proposal Includes Inferior and Uncertain Cash Consideration, the Likely Debt-Laden Discovery Global Spinoff and a “Hail Mary” Path to Regulatory ApprovalDetails the Risks to Creative Production, Jobs and the Future of Human Talent in the Film and TV Industries Under a Seemingly Monopolistic WBD-Netflix BehemothMakes Clear the Paramount Offer Includes Significantly More Cash, the Backing of the Proven Ellison Trust and a Viable Path to Regulatory Approval Thanks to Modest Size and Studio LegacyUrges the WBD Board to Determine that Paramount’s Revised Offer Could Reasonably Be Expected to Result in a “Superior Proposal” and Engage with Paramount to Secure a Value-Maximizing Outcome for All ShareholdersVisit www.MaximizeWBDValue.com to Download the Presentation CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), a nearly $11 billion firm with an approximately $200 million economic interest in Warner Bros. Di
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- Disney and Sky ink new international streaming deal in the U.K. [Los Angeles Times (CA)]Los Angeles Times
- Warner Bros. Discovery investor Ancora says it opposes Netflix deal [Los Angeles Times (CA)]Los Angeles Times
- Spotify reports record growth in monthly listeners, totaling to 751 million [Los Angeles Times (CA)]Los Angeles Times
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