Paramount writes letter to Warner Bros. Discovery on sale process: ‘It has become increasingly clear…’
Paramount Skydance has challenged the fairness of the sale process for Warner Bros. Discovery (WBD) assets. In a letter to WBD CEO David Zaslav, Paramount's attorneys questioned the "fairness and adequacy" of the process, which began in October. The challenge follows the submission of second-round bids by Paramount, Netflix, and Comcast, all of whom increased their initial offers.
Paramount Skydance has challenged the fairness of the sale process for Warner Bros. Discovery (WBD) assets. In a letter to WBD CEO David Zaslav, Paramount's attorneys questioned the "fairness and adequacy" of the process, which began in October. The challenge follows the submission of second-round bids by Paramount, Netflix, and Comcast, all of whom increased their initial offers.
