The Supreme Court scheduled Nielsen's petition for a November 13 conference, when justices will consider hearing its antitrust dispute with Cumulus Media.
"Following a careful evaluation of Paramount’s recently launched tender offer, the Board concluded that the offer’s value is inadequate, with significant risks and costs imposed on our shareholders"
"My goal is to keep being curious. Sometimes people get callous and have covered a sport for so long that they believe they are the arbiter of it. I feel as if I’m always the guest and make good dinner conversation"
The last-ditch effort by Paramount comes after the company shared its displeasure with the way the sale process has been handled by Warner Bros. Discovery.
"The correspondence comes amid a heated second round of bids, due December 1, for the studio giant, which WBD hopes to sell or restructure by the end of the year"
"Bankers representing Paramount Skydance, Comcast and Netflix worked through the holiday weekend to finalize improved offers for all or portions of Warner Bros. Discovery"
"Bloomberg News first reported the deadline for second-round submissions, noting that the company could enter a period of exclusive negotiations with one bidder once the new proposals are received"
The Supreme Court scheduled Nielsen's petition for a November 13 conference, when justices will consider hearing its antitrust dispute with Cumulus Media.
"This new ability to toggle between full functionality and Lite Mode, which has just the essentials, gives them the opportunity to make every experience the right one for them.”