Read the memo WBD CEO David Zaslav sent employees after rejecting Paramount for the 8th time

Warner Bros. Discovery just rejected David Ellison's takeover offer for the eighth time — and its CEO is telling employees why. WBD CEO David Zaslav sent a companywide memo on Wednesday morning, which was viewed by Business Insider, explaining why WBD is sticking with its Netflix deal.Zaslav told staffers that WBD's board of directors did a "thorough review" of Paramount's latest offer and said they believe Netflix's offer is still superior. "This review was conducted with discipline and rigor, and was su ...