Warner Bros rejects Paramount takeover once more and tells shareholders to stay with Netflix bid

Warner’s management has rebuffed Paramount’s overtures once more and urged shareholders to again the sale of its streaming and studio enterprise to Netflix for $72 billion. Warner expressed issues that the Paramount bid would basically be a leveraged buyout, which incorporates a variety of debt. A merger with both firm may take over a 12 months to shut — and can appeal to great antitrust scrutiny alongside the way in which. FRANCE 24’s Yuka Royer takes a glance.