Feb. 25 at 8:06 PM
$NFLX co-CEO Ted Sarandos is set to visit the White House on Thursday to discuss their
$83B deal to acquire
$WBD studio & streaming assets and President Trump's demand to fire Board Member Susan Rice
Uncertain if Sarandos meets w/ President Trump
Warner Board is continuing to engage w/
$PSKY after determining their latest
$31/share offer could “reasonably be expected” to lead to a “superior proposal"
Note: The latest bid was Paramount's 10th
Note: As of Feb 9, 42.3M of WBD’s total 2.48B outstanding shares had been validly tendered to Paramount, though shareholders can withdraw those shares at any time before the offer’s deadline
Shareholders are set to vote on the Netflix deal on March 20 at 8 am ET
Rumour: Paramount plans to nominate its own director candidates to WBD’s board at the company’s annual meeting.