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Stock impact report

Judge Rejects Paramount Skydance's Motion to Expedite Warner Bros. Discovery Trial Seeking Details on Netflix Deal [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
But a judge disagreed with that assessment. On Thursday, Delaware Chancery Court judge Morgan T. Zurn dismissed Paramount's motion to expedite the lawsuit against WBD, which seeks details on how WBD valued the overall Netflix transaction as well as the proposed Discovery Global networks spin-off. David Ellison, Paramount Skydance's CEO and chairman, is waging a hostile takeover bid aimed at persuading Warner Bros. Discovery shareholders that his company's all-cash $30/share offer for WBD in its entirety is superior to Netflix's agreement to buy Warner Bros.'s studios and streaming businesses for $27.75/share. More from Variety 'How to Get to Heaven From Belfast,' New Netflix Series From 'Derry Girls' Creator, Reveals Trailer and February Release Date Netflix's Agatha Christie Adaptation 'Seven Dials' Has Charm but Little Intrigue: TV Review Paramount Skydance Hires Dennis Cinelli, Former Uber and Scale AI Exec, as CFO Amid Warner Bros. Discovery Takeover Fight In the rulin Show less Read more
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