Warner Bros board urges investors to reject Paramount’s ‘inferior’ $108bn bid
David Ellison’s offer provides ‘untenable degree of risk’ and ‘potential downside’ for WBD shareholders
David Ellison’s offer provides ‘untenable degree of risk’ and ‘potential downside’ for WBD shareholders
Personal guarantee from Oracle’s Larry Ellison insufficient to persuade Hollywood studio’s board
Hollywood studio and streaming company open to new bid but there are doubts over Ellison family funding
Board warns shareholders over ‘extraordinary’ amount of debt financing and $4.7bn of costs if it backs out of Netflix deal
David Ellison is keeping his powder dry since WBD shareholders do not vote on rival Netflix deal until March at earliest
Entertainment group’s investors delivered a protest vote against CEO David Zaslav’s $700mn pay package
Paramount chief executive met investors in New York to push his hostile bid for the Hollywood studio group
