Paramount extends tender offer deadline to woo Warner shareholders as proxy fight heats up

Paramount also filed proxy materials with the SEC, saying it would challenge the alternative bid for Netflix at an upcoming special meeting of Warner shareholders to vote on the company's sale. (Myung J. Chun / Los Angeles Times) David Ellison is not abandoning his quest to build a new Hollywood juggernaut. Ellison-controlled Paramount disclosed Thursday in a regulatory filing that it was extending the deadline of its tender offer for Warner Bros. Discovery stock. The firm had previously asked Warner sto ...