Paramount Skydance Sues Warner Bros Discovery Over Takeover Bid Disclosure
Published on: Jan. 12, 2026, 10:15 p.m. | Source: scanx.trade
Paramount Skydance has filed a Delaware lawsuit against Warner Bros Discovery seeking disclosure of asset valuations and Netflix deal details amid its hostile takeover attempt. The legal action follows WBD's board rejection of Paramount's revised all-cash offer and aims to compel greater transparency about the Global Networks business valuation and Netflix transaction structure for shareholder decision-making.
