Paramount Skydance’s hostile takeover effort of Warner Bros. Discovery has taken a new legal turn. David Ellison‘s Paramount Skydance on Monday sued Warner Bros. Discovery, seeking to force WBD to disclose financial details of its $83 billion deal with ...

Add Yahoo as a preferred source to see more of our stories on Google. On today’s episode of “Daily Variety” podcast, Variety’s Todd Spangler explains the latest wrinkle in Paramount Skydance’s pursuit of Warner Bros. Discovery with its lawsuit ...

Paramount Skydance said Monday that it filed a lawsuit against Warner Brothers Discovery (WBD) as it presses an unwelcomed bid to buy the CNN-parent company. Paramount's suit seeks to compel the WBD board to provide certain information to shareholders that ...

Paramount Skydance Corp (NYSE: PSKY) escalated its battle with Warner Bros. Discovery (NASDAQ: WBD) by filing a lawsuit on Monday, demanding that the HBO owner disclose financial details of its nearly $83 billion deal with Netflix Inc (NASDAQ: NFLX).

TL;DR: Paramount Skydance CEO David Ellison awaits investor approval for a $108.4 billion all-cash bid to acquire Warner Bros. Discovery entirely, surpassing Netflix's $82.7 billion partial acquisition offer. Paramount urges shareholders to reject Netflix ...