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Discovery and sue in delaware to pry. Paramount is upping its fight for warner bros. In a letter to wbd shareholders monday, paramount ceo david ellison said his company has filed suit against.

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In a dramatic escalation of hollywood’s latest takeover brawl, paramount skydance said monday it will launch a proxy fight at warner bros. Paramount has asked a delaware court to force warner bros to disclose the details, saying it is required for shareholders to make an informed decision about the netflix deal. The lawsuit comes shortly after the wbd board once again told shareholders to reject paramount's offer.

Wbd calls paramount’s lawsuit “meritless” and its offer deficient.

In a major escalation, paramount said it is planning to run a slate of directors at wbd's annual meeting and has sued for disclosures around the netflix deal. Discovery (wbd) today by filing a. In a letter to warner bros. Paramount skydance is suing warner bros.

His company paramount skydance is suing warner bros. Paramount skydance has sharply escalated its takeover fight for warner bros discovery, telling shareholders it will nominate directors to the wbd board, oppose the. Paramount skydance escalated its hostile takeover bid of warner bros. Shareholders monday, paramount ceo david ellison announced his company had filed a lawsuit against warner bros.

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Discovery and setting the stage for a proxy fight.

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