This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

WBD board reiterates support for Netflix deal, calls Paramount’s amended tender offer inferior

( January 7, 2026, 12:43 GMT | Official Statement) -- MLex Summary: The Warner Bros. Discovery Board of Directors on Wednesday issued a press release, saying it has reviewed Paramount Skydance’s amended tender offer and still finds it inferior. The company said it “reiterates its recommendation in support of the Netflix combination, and recommends that WBD shareholders reject PSKY’s offer.” Samuel A. Di Piazza, Jr., chair of the WBD board, said “Paramount’s offer continues to provide insufficient value, including terms such as an extraordinary amount of debt financing that create risks to close and lack of protections for our shareholders if a transaction is not completed.”Statement follows in full. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login