Topic - Warner Bros.

“Once again, Paramount continues to make the same offer our Board has repeatedly and unanimously rejected in favor of a superior merger agreement with Netflix," Warner said in an emailed statement Thursday - adding that it's “clear our shareholders agree," as more than 93% have so far rejected “Paramount’s inferior scheme.”

Paramount extending its deadline for its Warner Bros. tender offer, again →

Paramount, meanwhile, maintained that the ruling wasn't about the merits of its allegations and said Warner shareholders "should ask why their Board is working so hard to hide this information."

Netflix intensifying bid for Warner Bros., making its $72 billion offer all cash →