Paramount escalates hostile takeover bid of Warner Bros. with new board slate

Core Viewpoint - Paramount Skydance is advancing its hostile takeover attempt of Warner Bros. Discovery by announcing plans to appoint its own slate of directors prior to the upcoming shareholder meeting [1] Group 1 - Paramount Skydance is actively pursuing a hostile takeover of Warner Bros. Discovery [1] - The company intends to name its own directors, indicating a strategic move to gain control [1] - This announcement comes ahead of the next shareholder meeting, highlighting the urgency of the takeover bid [1]