WARNER BROS. BOARD URGES SHAREHOLDERS TO REJECT PARAMOUNT BID AND BACK NETFLIX OFFER. (PHOTO).

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 Warner Bros. board urges shareholders to reject Paramount bid and back Netflix offer Warner Bros. Discovery’s board of directors has unanimously urged shareholders to reject a takeover bid from Paramount Skydance, throwing its full support behind an earlier offer from Netflix. In a statement released Wednesday, the board said it had completed a detailed review of Paramount’s recently launched tender offer and determined that it failed to deliver sufficient value while exposing shareholders to substantial risks and potential costs. Board chair Samuel A. Di Piazza Jr. said the assessment led directors to conclude that the Paramount proposal was not in the company’s or investors’ best interests. The board emphasized that Netflix’s bid represents a superior and more certain option for shareholders, citing clearer value and fewer risks compared with the competing offer. Market reaction reflected investor caution, with Warner Bros. Discovery shares dipping in early trading while Netflix...

1 SOLDIER LOST HIS LIFE AS TROOPS REPEL BOKO HARAM ATTACK IN BORNO TODAY.


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      1. Troops of 3 Battalion on operation LAFIYA DOLE have successfully repelled Boko Haram terrorists attack at Ngamboru Ngala, Borno state.
2. One Boko Haram terrorist was neutralized during the encounter while other members of the group fled following a superior fire power from the troops.
3. Unfortunately, one soldier lost his life during the attack.
4. Items recovered include:
a. One Rocket Propelled Gun 7 tube.
b. One Anti Aircraft Gun.
c. 2 AK 47 Rifles.
d. 2 Empty Magazines.
5. The public is hereby reminded to always cooperate with the troops by providing useful and timely information.
6. You are please requested to disseminate this information to the general public through your medium.
7. Thank you for your support and cooperation.
TEXAS CHUKWU
Brigadier General
Director Army Public Relations
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