Warner Rejects Paramount's Hostile Bid, Saying Netflix Deal Still Superior

Core Viewpoint - Warner has raised concerns regarding the credibility of Paramount's offer, describing it as "illusory" and questioning the support from the Ellison family [1] Group 1 - Warner's concerns highlight potential doubts about the legitimacy of Paramount's financial proposals [1] - The backing from the Ellison family is under scrutiny, which may impact investor confidence in Paramount's offers [1]