Warner Bros. rejects revised Paramount bid
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U.S. employers posted far fewer jobs in November than the previous month, a sign that employers aren’t yet ramping up hiring even as growth has picked up.
Warner's board this week unanimously voted against Paramount's latest hostile offer. Members concluded the bid was not in the best interest of the company or its shareholders.
David Zaslav rejects a massive £81 billion Paramount bid, favouring a Netflix partnership while teasing a higher share price that could finally end Hollywood's biggest bidding war.