Activist Investor Slams WBD For Rushing Into “Flawed” Netflix Deal, Tells Board To Engage With Paramount As Temperature Rises

Activist investor and Warner Bros. Discovery shareholder Ancora Alternatives LLC threatened to vote ‘no’ on the Netflix deal and launch its own proxy fight if the WBD board does not engage with Paramount. The David Ellison company Tuesday sweetened its hostile takeover offer for Warner in its latest attempt to derail the company’s agreement with […]