Core Viewpoint - Warner Bros. Discovery (WBD) has rejected Paramount Skydance's cash offer of $30 per share, citing it as inadequate and risky compared to Netflix's cash-and-stock proposal of $27.75 per share, which is deemed to provide superior value for shareholders [1][2]. Summary by Sections Offer Comparison - Paramount's bid aims to acquire all of WBD, including its cable channels, while Netflix's offer focuses on WBD's studio, HBO, and HBO Max [2]. - WBD's board has unanimously recommended that shareholders reject Paramount's offer in favor of the Netflix merger [12][13]. Concerns with Paramount's Offer - WBD's board highlighted that Paramount's proposal does not adequately address key concerns, particularly regarding its financing structure, which relies on an "unknown and opaque revocable trust" rather than a solid commitment from the Ellison family [3][16]. - The board emphasized that the financing commitment from Paramount is not as secure as that from Netflix, which is backed by a public company with a market cap exceeding $400 billion [19][20]. Financial Implications - The Netflix merger agreement offers WBD shareholders $23.25 in cash and $4.50 in Netflix stock, along with potential future upside from Discovery Global's separation from WBD [15]. - Accepting Paramount's offer could incur significant costs for WBD, including a $2.8 billion termination fee to Netflix and approximately $1.5 billion in financing costs, totaling around $4.3 billion, or $1.66 per share for WBD shareholders [27]. Regulatory Considerations - WBD's board does not believe there is a material difference in regulatory risk between the two proposals, despite Paramount's claims of easier regulatory approval [7][24]. - Netflix has agreed to a record-setting regulatory termination cash fee of $5.8 billion, which is higher than Paramount's $5 billion break fee [24]. Strategic Review Process - The board conducted a thorough review of strategic alternatives, engaging extensively with all parties, including Paramount, over nearly three months [22]. - Despite multiple opportunities for Paramount to present a superior proposal, it failed to do so, leading to the board's continued support for the Netflix merger [23].

Fort Lee, NJ, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Nuvectis Pharma, Inc. (NASDAQ: NVCT), a clinical stage biopharmaceutical company focused on the development of innovative precision medicines for the treatment of serious conditions of unmet medical need in oncology, today announced the initiation of the Phase 1b study of NXP900 in combination with osimertinib in patients with EGFRmut+ NSCLC. NXP900, an oral small molecule drug candidate, is a potent inhibitor of the SRC and YES1kinases. The brand name for Osi ...

Miami, FL, Dec. 17, 2025 (GLOBE NEWSWIRE) -- ONAR Holding Corporation (OTCQB: ONAR) (“ONAR” or the “Company”), an AI-powered marketing platform that acquires and scales specialist agencies, is proud to announce a series of exceptional performance milestones achieved by its recently acquired performance marketing agency, JUICE. Following the acquisition of JUICE earlier this year, the agency’s execution during the critical Black Friday/Cyber Monday (BFCM) period has demonstrated the immediate value and scala ...

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the "Company†or "NOG†) today provided an update on the Company's hedge profile after its recently announced Ohio Utica joint acquisition. HEDGING UPDATE The Company continues to execute its policy of protecting its capital program by periodically entering into financial derivative instruments with counterparties to lock in future commodity prices on a portion of its expected production. NOG has added substantial gas hedges s. ...

ROUYN-NORANDA, Quebec, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to present an update on the November development work at the Sleeping Giant Mine, located in the Eeyou Istchee region of Quebec. Highlights Tonnes milled:1,346 tonnesMill Head Grade:7.2 g/t% Recovered:95.8%Ounces Produced:298 ouncesOunces Poured:425 ounces Abcourt advanced the development of its workplaces and continued hiring in November. Abcourt added a ...

The world has more oil than it needs, but a drop in crude prices this week to the lowest level in nearly five years may help slow production and boost demand. ...

In this articleAAPLTim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025.David Paul Morris | Bloomberg | Getty ImagesOne of the biggest launches in Apple's history is supposed to come next year, and it's got nothing to do with hardware. The company has promised investors that it will be launching the next generation of Siri, its artificial intelligence voice assistant. There's a lot riding on the launch of a "more persona ...

Ellison Family Has Still Not Provided an Equity Backstop, Despite Headline Claims WBD Board's Full, Fair and Transparent Review Established a Level Playing Field in a Competitive Process Reiterates Recommendation in Support of Netflix Combination, Which Represents Superior, More Certain Value for Shareholders No Material Difference in Regulatory Risk Between PSKY Offer and Netflix Merger Paramount Offer Reflects Inadequate Value and Imposes Numerous, Significant Risks and Costs on WBD Illusory, Non-Binding ...

Core Points - Germanium Mining Corp. has been accepted as a new member of the Nevada Mining Association, enhancing its commitment to responsible mining practices [1][3] - The membership provides access to industry networks, regulatory discussions, technical workshops, and best practices relevant to mining operations in Nevada [3] - The company has entered into loan agreements totaling CAD $100,000, with a loan fee of 15% and an interest rate of 10% per annum [4] Company Overview - Germanium Mining Corp. is a publicly traded mineral exploration company focused on discovery-stage mineral properties in top-tier mining jurisdictions across North America [4]

Toronto, Ontario--(Newsfile Corp. - December 17, 2025) - Predictmedix AI Inc. (CSE: PMED) (OTC Pink: PMEDF) (FSE: 3QP0) ("Predictmedix" or the "Company") concludes 2025 having delivered a year of disciplined execution across technology development, global investor engagement, and strategic advancement—positioning the Company for a pivotal growth phase in 2026 at the convergence of artificial intelligence, quantum-inspired computation, and digital healthcare.Throughout 2025, Predictmedix AI enhanced the per ...