Activist investor Ancora pushes Warner Bros to walk away from Netflix deal, WSJ reports
Core Viewpoint - Activist investor Ancora Holdings has acquired a stake of approximately $200 million in Warner Bros Discovery and intends to oppose the company's plan to sell its valuable TV and film assets to Netflix [1] Group 1 - Ancora Holdings has built a stake worth around $200 million in Warner Bros Discovery [1] - The investor plans to challenge Warner's proposed deal to sell its TV and film assets to Netflix [1]