Xin Lang Cai Jing·2026-01-12 15:49Group 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]