Paramount Not Giving Up On Buying Warner Bros., Launches Lawsuit [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
Despite multiple rejections of its bids , Paramount remains intent on buying Warner Bros. Discovery and has now launched a lawsuit against the company over the matter. What's more, Paramount said it will seek to nominate its own team of directors at the WBD 2026 Annual Meeting this year, which could trigger a so-called proxy fight for the company's future. Paramount boss David Ellison said in a memo to WBD shareholders that it filed suit in court today, January 12, calling on the court to direct WBD to release the specifics of Netflix's bid for WBD. The WBD shareholders need this information so they can "make an informed decision as to whether to tender their shares into our offer," Paramount said. Ellison said Paramount had already asked for "the customary financial disclosure" that should have been provided to shareholders in a business transaction like this. But Ellison said WBD "failed to include" disclosures about several aspects of the deal from Netflix and share this with
Show less
Read more
Impact Snapshot
Event Time:
WBD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WBD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WBD alerts
High impacting Warner Bros. Discovery, Inc. - Series A news events
Weekly update
A roundup of the hottest topics
WBD
News
- Paramount files lawsuit in pursuit of Warner Bros. Discovery and threatens proxy fight [CNN]CNN
- Paramount Goes Nuclear on Warner Bros. Discovery — and Everyone Will Feel the Pain | Analysis [Yahoo! Finance]Yahoo! Finance
- ‘A bone-headed move': Trump's shocking battle with Powell could badly backfire [CNN]CNN
- ‘A bone-headed move': Trump's shocking battle with Powell could badly backfire [Yahoo! Finance]Yahoo! Finance
- Paramount files suit in battle with Netflix to take over Warner Bros [Yahoo! Finance]Yahoo! Finance
WBD
Earnings
- 11/6/25 - Miss
WBD
Sec Filings
- 1/12/26 - Form DFAN14A
- 1/12/26 - Form SC
- 1/9/26 - Form DFAN14A
- WBD's page on the SEC website