Warner Bros. is still recommending Netflix’s takeover bid, but it’s reviewing a fresh Paramount offer

Warner Bros. is still recommending Netflix’s takeover bid, but it’s reviewing a fresh Paramount offer

Neither company provided further details on the revised Paramount bid, but it was widely expected to have raised its offer.

Warner Bros. Discovery says its reviewing a new takeover offer from Paramount, but it continues to recommend a competing proposal from Netflix to its shareholders in the meantime.Warner disclosed Tue… [+4442 chars]