Warner Bros. Discovery Sets Date for (April 23) Shareholder Vote on Paramount Skydance Merger

I’m just hoping there’s a shareholder revolt and they vote no because they wanted Netflix.

Have a customer who was tasked with making a deal for the sale of a well known large newspaper company. He was telling me about the chaos behind the scenes and I asked so it’s just like succession and he said yeah, he would have a meeting with some wealthy Arabs, then as he leaves the meeting get a call from Murdoch telling him he’s heard about this meeting and wants to talk a deal etc.

IMMMMTHELDESTBOYYYYYYYYY

Probably not, but it would be incredibly funny if they did.

The only reason to say no would be fear that selling yourself to a smaller company that is also losing money and assuming tons of debt as part of the deal means the temporary gains in stock price as part of this deal may lead to the stock price going down and destroying the company long term. I don't trust the shareholders to have long-term value. They can accept the buy-out now and then try to sell their own stock right after.

Although it would be nice to think shareholders would hold themselves to a higher standard, this really should be a regulatory issue to prevent it.

I'm going to ethically source my Paramount content from here on out

I plan to.

They should care because it will lead to the collapse of value... Paramount that is worth only what about 10B buying a 100B company-- has no way to 1) shed the debt WB has and 2) shed the debt they take on to buy it. It is a net loss in the long run to vote for it. They should decline so WB goes back to Netflix or stays private.

Best we can hope for is they look at the massive amount of debt Paramount is in, the massive amount of debt they'd be adding from WB and hope they choose long term gains over a quick payout 

No but a fourth of the bid coming from a country involved in a potentially very expensive asymmetric war might

We should all buy shares in WB and vote no!

We're already there but yeah this'll make it worse

look at CBS

About to? Paramount is already in the ground, they're about to use a nuke to bury themselves lol

There are no Paramount shareholder that matter other than the Ellisons. It's just an accessory for the family, and any other shareholder chooses to go along for the ride. https://www.sec.gov/Archives/edgar/data/2041610/000119312524250679/d813356ds4.htm >Entities controlled by the Ellison family will hold approximately 77.5% of the New Paramount Class A common stock indirectly through their collective approximate 77.5% ownership interest in NAI.

Iran, sky high oil prices, inflation, higher interest rates due to the oil and inflation, stock market crash and the AI bubble popping - I’d be shocked if Paramount didn’t try to weasel out of the offer before then

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If I called my congressman about this he’d respond that law and order is important and if you impede Ice you deserve to be shot. They don’t even bother checking what your issue is anymore.

I won't be surprised if they just go ahead and end DC. The DM would collapse under the sudden loss but, I doubt they care....