PARAMOUNT LAUNCHES HOSTILE BID FOR WARNER BROS., COUNTERING NETFLIX’S $72 BILLION OFFER. (PHOTO).

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Paramount launches hostile bid for Warner Bros., countering Netflix’s $72 billion offer  Paramount has launched a hostile bid to acquire Warner Bros. Discovery, directly challenging Netflix just days after the streaming giant reached a $72 billion agreement to take over the company. In its announcement Monday, Paramount said it is bypassing Warner Bros. leadership and appealing directly to shareholders with a $30-per-share all-cash offer for the entire company, including the Global Networks division. The company urged investors to reject the Netflix deal, which remains subject to approval. Paramount argued that the Netflix proposal would drag shareholders into a lengthy and uncertain regulatory process across multiple countries, while also tying their financial future to what it described as a complicated mix of cash and stock. The company said it has spent the past 12 weeks submitting six separate proposals to Warner Bros. Discovery in an attempt to reach an agreement. Paramount C...
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SUSPECTED ISLAMIST MALI JAIL BREAK FUGITIVE,MAHAMED ARRESTED .

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            Officials disclosed that Mali security forces have arrested Mahamed Aly Ag Wadoussene,a fugitive at the heart of a jail break in Mali's capital on June 16,in which at least two people were killed and 22 prisoners escaped.Ag Wadoussene who shot his way out of prison,was being held for his alleged role in the 2011 kidnapping of two French citizens who ended up in the hand of Al Qaeda's in North Africa.Army spokesman Major Modibo Traore,confirmed the arrest and saying ''Mahamed Aly Ag Wadoussene was arrested in Bamako.We knew he was going to try and contact his girlfriend,who lives with a family in Bamako''.Ag Wadoussene was arrested on tuesday night at Hamdalaye neigborhood in the Malian capital.       

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  1. Anonymous25 June 2014 at 06:02

    is the picture in this story the prison? i mean cos a dude does not have to shoot his way out, pushing down the wall will be less messy and what a dumb move on the part of the escapee. didn't he learn a thing from watching #PrisonBreak ?

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