Warner Bros. and Paramount Keep Bickering Over Billions

Following Paramount’s lawsuit challenging Warner Bros. Discovery’s (WBD) attempts to block its takeover bid, WBD has dismissed the legal action as without merit. In a statement reported by Variety, WBD argues that Paramount’s claim its $30-per-share offer is better is a tactic to influence the board. WBD also points out that Paramount, under CEO David Ellison, hasn’t increased its offer to buy the company.








