Warner Bros. Discovery tells shareholders to reject Paramount offer, recommends Netflix merger

Faber joins us right now from the New York Stock Exchange. He has that news. Good morning, David. >> Good morning, Becky.We've been waiting for the response, so to speak, from Warner Brothers Discovery to that tender offer we got more than a week ago from Paramount to acquire Warner Brothers for $30 a share in cash, and we've gotten it this morning. It's a 14D9 filing. It is, as you might imagine, voluminous.Uh that said, um the key points are ones we've been making. And of course, the lead is no thank you, ...

Warner Bros. Discovery tells shareholders to reject Paramount offer, recommends Netflix merger - Reportify