All articles tagged with #expedited trial
A Delaware Chancery Court judge denied Paramount Skydance’s bid to fast-track its suit against Warner Bros. Discovery seeking disclosures of how the Netflix deal was valued and the Discovery Global spin-off, ruling Paramount hadn’t shown irreparable harm; the rivals continue to press for disclosures amid ongoing proxy and governance moves.
Warner Bros. Discovery blasted Paramount’s bid to fast-track a Delaware Chancery Court trial over WBD’s Netflix deal, calling it an “urgency theatre” move while Paramount pursues a hostile bid and pressures stockholders before its January 21 tender deadline. A hearing is set for Thursday to consider the motion, and WBD plans to file a Netflix merger proxy detailing the deal and advisers’ fairness opinions as the fight over control of Warner Bros. Discovery intensifies.