Paramount’s Amended Offer “Not Sufficient,” Major Warner Bros. Discovery Shareholder Says

Paramount Skydance on Monday amended its takeover offer for Warner Bros. Discovery but at least one major WBD shareholder was not impressed. “The changes in Paramount’s new offer were necessary, but not sufficient,” Harris Oakmark, portfolio manager and Director of U.S. Research Alex Fitch, told Reuters after the new Paramount proposal was revealed. Oakmark, identified […]