Feb. 19 at 1:05 AM
$WBD $NFLX $PSKY
This is a huge reminder: PSKY started this entire bidding process to buy WBD. Not Netflix. Netflix scrambled after the fact to play catch up and put in a late bid.
All you WBD shareholders who were sitting at a pathetic
$12 per share can thank PSKY.
Netflix was reactive the entire time.
The only reason Zaslav and the BOD are supporting a NFLX bid is to guarantee their positions. They know PSKY will oust their sorry asses.