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0 0 -6.56934306569109E-05 -0.00437956204379566 -0.00297080291970811 -0.000474452554744587 -0.000474452554744587 -0.000474452554744587
Stock impact report

WBD Advises Shareholders Not To Take Any Action As It Reviews Paramount's Amended Takeover Offer [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
consultation with its independent financial and legal advisors, will carefully review and consider” it. Paramount Skydance has offered to acquire all of WBD's outstanding shares for $30 each in cash. Its sixth and previous bid had been unanimously rebuffed by WBD's board, which, instead, inked a deal to sell its studio and streaming assets to Netflix after a speedy auction. Paramount took its case directly to shareholders with a hostile tender offer on Dec. 8. The amended offer it presented this morning was not higher monetarily but addressed a series of concerns raised by WBD, led by CEO David Zaslav. More from Deadline 'Stranger Things' Shatters Nielsen Record It Already Held As Season 5 Premiere Ushers In Highest Weekly Viewing Total Ever For A Streaming Title FCC Commissioner Calls CBS News Decision To Pull '60 Minutes' Segment "Deeply Alarming", Warns Of Trump Getting "Veto Power Over Critical Reporting" As WBD Prepares To Spin Off Its Cable Networks, Diddy & Baylen Dup Show less Read more
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