Small Warner Bros. Discovery Shareholder Blasts ‘Flawed, Inferior’ Netflix Offer and Backs Paramount’s Hostile Bid — but Will It Matter?

David Ellison has a vocal new ally in Ancora Holdings Group, an activist investor that has come out swinging hard against Warner Bros. Discovery’s $83 billion deal with Netflix — and in favor of Paramount Skydance’s hostile takeover offer. Ancora says it is a “nearly $11 billion firm” that holds an approximately $200 million economic […]