{"id":10642,"date":"2026-01-08T05:46:08","date_gmt":"2026-01-08T05:46:08","guid":{"rendered":"https:\/\/www.europesays.com\/africa\/10642\/"},"modified":"2026-01-08T05:46:08","modified_gmt":"2026-01-08T05:46:08","slug":"warner-bros-urges-shareholders-to-reject-paramounts-amended-takeover-bid","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/africa\/10642\/","title":{"rendered":"Warner Bros. Urges Shareholders To Reject Paramount\u2019s Amended Takeover Bid"},"content":{"rendered":"

What To Watch For<\/p>\n

Warner\u2019s statement noted that: \u201cWBD continues to be of the view that PSKY is a litigious counterparty, which raises concerns regarding the likelihood that the Offer (or any related merger agreement) will be completed on the terms proposed.\u201d Late last month, the\u00a0New York Post reported<\/a>\u00a0that Paramount was formulating a so-called \u201cDefcon-1\u201d strategy to sue Warner if it chose not to accept the deal.<\/p>\n

Chief Critics<\/p>\n

In a letter to shareholders, Warner Bros. criticized the Paramount deal for relying on an \u201cextraordinary amount of debt financing,\u201d insisting that the purchase would mark the largest leveraged buyout in history. Paramount has a market capitalization of about $14 billion, according to the Warner Bros. board, and would need to finance the deal with about $40 billion in equity and $54 billion in debt. Warner Bros. also claimed Paramount did not guarantee it would pay the $2.8 billion termination fee it would incur should its deal with Netflix fall through, as well as an additional $1.5 billion fee for \u201cfailing to complete our debt exchange\u201d and $350 million in interest. The letter also criticized the \u201coperating restrictions\u201d the Paramount deal would place on Warner Bros.\u2014specifically, preventing the company from going through with its plans to spin off its cable television assets into a separate company. Should the deal fall through, Warner Bros. said its shareholders would be left with a company that was \u201crestricted from pursuing its key initiatives for up to 18 months.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"What To Watch For Warner\u2019s statement noted that: \u201cWBD continues to be of the view that PSKY is…\n","protected":false},"author":2,"featured_media":10643,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[63,1028,243],"class_list":{"0":"post-10642","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-africa","8":"tag-africa","9":"tag-current-affairs","10":"tag-entertainment"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/10642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/comments?post=10642"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/10642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media\/10643"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media?parent=10642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/categories?post=10642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/tags?post=10642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}