Warner Bros again rebuffs Paramount, backs Netflix deal

NEW YORK CITY, New York: Warner Bros. Discovery, on January 7, again turned away a takeover offer from Paramount and urged shareholders to remain committed to a rival deal with Netflix, reinforcing its stance in a growing battle over the company's future.

The company said its board had reviewed Paramount's latest proposal and concluded that it does not serve the best interests of Warner Bros. Discovery or its sh