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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7 PEOPLE DEAD,IN NEW ZEALAND HELICOPTER CRASH TODAY.

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                 Today saturday,Six tourists and their pilot were killed when their helicopter crashed into a heavily crevassed glacier in New Zealand during bad weather.The sightseeing helicopter plunged into the Fox Glcier,a popular tourist site on the West Coast of the south Island,with weather conditions reported to be heavily overcast and raining at the time.A paramedic and an alpine rescue team who were winched down to the crash site confirmed there were no survivors.Efforts were under way to recover the bodies but police said this could take time because of the atrocious weather.The names and nationalities of the pilot and six passengers were not immediately available.The downed helicopter was reported to belong to Alpine Adventures,a company that advertises itself as an ''Experienced helicopter flight seeing company providing visitors with a diverse range of South Island Scenic helicopter flights and private charters in some of most spectacular alpine and coastal regions of New Zealand''.One more photo below.                                                                                                     

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