WBD's board unanimously rejects Paramount's amended $108.4B acquisition offer, saying the bid still has "significant" risks compared to Netflix's $83B offer (Lucas Manfredi/The Wrap)

Lucas Manfredi / The Wrap : WBD's board unanimously rejects Paramount's amended $108.4B acquisition offer, saying the bid still has “significant” risks compared to Netflix's $83B offer —  The board says the revised $108.4 billion bid continues to offer “significant costs, risks and uncertainties” compared to its $83 billion deal with Netflix