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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ZIMBABWE'S WILDLIFE AUTHORITY,SUSPENDS ITS D.G OVER MISSING RHINO HORNS.

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                              Zimbabwe's wildlife authority has suspended its director-general over missing rhino horns.The authority is investigating the disappearance of 228 kg of the agency's stored rhino horn.In a statement released today tuesday by the Zimbabwe Parks and Authority,Edson Chidziya had been sent on leave with full pay to facilitate the investigation.''The move has been taken to allow for an audit.This follows anomalies in the rhino horn stock piles amounting to 228 kilogrammes''.Zimbabwe keeps in storage 70 tonnes of ivory from elephants and rhinos-worth at least $35 million and is seeking support from neighbouring countries to engage in international trade in ivory.One more photo below.                                                                                                                                                            

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