Paramount and Warner Bros. Discovery - Paramount Skydance plans to nominate directors to Warner Bros. Discovery (WBD) and has filed a lawsuit in Delaware for basic information, emphasizing the need for Warner shareholders to make an informed decision regarding its bid versus the current deal with Netflix [3] - Paramount also proposes a bylaw amendment requiring WBD shareholder approval for any separation of Global Networks, indicating a strategic move to influence WBD's governance [3] Netflix Acquisition Odds - Despite political pressure from President Trump against Netflix's potential control over WBD, the odds of Netflix acquiring WBD remain stable at 54% on Kalshi and 53% on Polymarket, reflecting market confidence in the acquisition [4] Credit Card Issuers - Credit card issuer stocks are experiencing a decline following President Trump's proposal for a one-year cap on card rates at 10%, with notable declines in stocks such as Capital One, Synchrony Financial, Bread Financial, and American Express [8] UnitedHealth and Medicare Advantage - UnitedHealth shares are down after a Senate committee reported that the company used "aggressive tactics" to enhance payment-boosting diagnoses for its Medicare Advantage members, although the stock has recovered slightly after the company reaffirmed its outlook [9] Eli Lilly and Nvidia Partnership - Eli Lilly is partnering with Nvidia to establish an AI co-innovation lab in the San Francisco Bay Area, focusing on using AI to accelerate drug discovery, with plans to invest up to $1 billion in talent and infrastructure over five years [10]

Core Viewpoint - Paramount Skydance Corp. is intensifying its efforts to acquire Warner Bros. Discovery Inc. by nominating directors to the board and filing a lawsuit to reveal details about Netflix's $82.7 billion takeover agreement, amid a competitive bidding war [1]. Group 1: Acquisition Attempts - Paramount has been pursuing Warner Bros. for four months, making multiple offers that have been rejected by Warner Bros.'s board [2]. - Paramount argues that its $30-a-share offer for Warner Bros. is superior, claiming it has fewer risks and costs compared to the Netflix deal [3]. Group 2: Legal Actions - Paramount has filed a lawsuit against Warner Bros. in Delaware Chancery Court, alleging that Warner Bros. failed to provide adequate disclosures to shareholders regarding the Netflix deal [6]. - The lawsuit requests the court to mandate Warner Bros. to correct misleading disclosures and provide detailed information on the valuations and risk adjustments related to the Netflix offer [6]. Group 3: Strategic Positioning - Warner Bros. plans to spin off its cable-TV channels, Discovery Global, which it believes enhances the attractiveness of the Netflix offer [4]. - Paramount contends that shares in Discovery Global are essentially worthless and maintains that its all-cash offer is more beneficial for investors [4].

Paramount says it is suing Warner Bros. Discovery and filing a competing slate of directors in an effort to get the Warner board to take its offer to acquire the company seriously. ...

Paramount Skydance dramatically escalated its hostile bid for Warner Bros. Discovery on Monday, launching a proxy fight for control of the board and filing a lawsuit in Delaware to force engagement with its $30-per-share all-cash offer.The step marks an escalation after Paramount last month accused WBD’s board of breaching its fiduciary duties by refusing to engage with what it calls its financially superior proposal while the board backed a $72 billion deal with Netflix, instead.Last week, The Post reporte ...

Market Analysis by covering: Warner Bros Discovery Inc, Netflix Inc. Read 's Market Analysis on Investing.com ...

Core Viewpoint - Paramount Skydance is actively opposing Warner Bros Discovery's (WBD) deal with Netflix, planning to nominate directors to the board and seeking financial disclosures related to the $82.7 billion agreement [1][3]. Group 1: Paramount's Actions - Paramount intends to nominate directors for WBD's board at the upcoming annual meeting to challenge the Netflix deal, which was agreed upon in December [1]. - The company has filed a lawsuit for the disclosure of financial information regarding WBD's global networks operation, which includes CNN and Cartoon Network, to enable shareholders to make informed decisions [3]. - Paramount plans to propose an amendment to WBD's bylaws requiring shareholder approval for the spin-off of the global networks business [5]. Group 2: Financial Aspects - Paramount's takeover bid for WBD is valued at $108.4 billion, supported by a $40 billion personal guarantee from Larry Ellison [2]. - The Netflix deal offers WBD shareholders $23.25 per share in cash, stock, and equity in the global networks spin-off, which Paramount values at zero [5]. - Paramount argues that its cash offer of $30 per share, which includes the purchase of global networks, is a superior deal for WBD shareholders [6]. Group 3: WBD's Position - WBD's board has previously advised shareholders to reject Paramount's $108.4 billion hostile takeover bid, labeling it as "inadequate" [7]. - Accepting Paramount's deal would incur $4.7 billion in costs for WBD, including breakup fees and additional interest on debt [8].

Group 1 - Paramount Global is intensifying efforts to block Warner Bros. Discovery's merger plan with Netflix by proposing a new slate of board candidates and filing a lawsuit for more information related to the deal [1] - Paramount's CEO David Ellison stated that he would challenge the merger through shareholder voting if Warner Bros. Discovery holds an annual or special shareholder meeting to approve the deal with Netflix [1] - Paramount alleges that Warner Bros. Discovery has not adequately disclosed the valuation method for its cable assets intended for divestiture prior to the deal [1] Group 2 - Paramount reiterated its acquisition offer for Warner Bros. Discovery at $30 per share, urging shareholders to sell their shares according to the previously announced offer [2] - The company believes its offer for Warner Bros. Discovery's overall business is superior to Netflix's proposal of $27.75 per share for the film and streaming business [2] - Ellison emphasized the commitment to pursue the acquisition offer, while acknowledging that the outcome may ultimately depend on the results of the shareholder vote [2]

Group 1 - Paramount Global is intensifying efforts to block Warner Bros. Discovery's merger plan with Netflix by proposing a new slate of board candidates and filing a lawsuit for more information related to the deal [1] - Paramount's CEO David Ellison stated that he would challenge the merger through shareholder votes if Warner Bros. Discovery holds an annual or special shareholder meeting to approve the deal with Netflix [1] - Paramount alleges that Warner Bros. Discovery has not adequately disclosed the valuation method for its cable assets intended for divestiture prior to the merger, which includes channels like CNN and TNT [1] Group 2 - Paramount reiterated its acquisition offer for Warner Bros. Discovery at $30 per share, urging shareholders to sell their shares according to the previously announced offer [2] - The company believes its offer for Warner Bros. Discovery's overall business is superior to Netflix's proposal of $27.75 per share for the film and streaming segments [2] - Ellison emphasized the commitment to pursue the acquisition offer, while acknowledging that the outcome may ultimately depend on the results of the shareholder vote [2]

Paramount Skydance is planning to nominate directors to the Warner Bros. Discovery board and has filed a lawsuit asking for more financial information as it ramps up its effort to persuade Warner shar... ...

David Ellison has chosen to continue the fight for control of Warner Bros. Discovery, this time in court. The Paramount Skydance CEO has made eight attempts to buy WBD, all of which were rebuffed in favor of Netflix's cash-and-stock offer.Now, Paramount is suing WBD for more information, including how it's valuing its cable networks, "so that WBD shareholders have what they need to be able to make an informed decision as to whether to tender their shares into our offer," Paramount said in a letter to WBD s ...