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...
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PHOTOS FROM PRINCE CHARLES VANUATU ISLAND VISIT YESTERDAY.{PHOTOS}.

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       Yesterday The Prince of Wales visited Vanuatu to see the work that has been done since natural disaster Cyclone Pam wreaked devastation on the island.The Prince was greeted by the President of Vanuatu before receiving a salusalu welcome garland.
His Royal Highness was able to meet so many of the island’s residents during his time there with visits including Port Vila Central Hospital and a local handicraft market.
Before departing Vanuatu, The Prince of Wales visited a chief’s nakamal and received a chief title - Mal Menaringmanu - in a traditional ceremony.The Prince planted a “namale fern” to mark the occasion and drank a special “kava” known as the Royal Kava, which is reserved for special occasions and was only last consumed during a visit by The Duke of Edinburgh in 1974.More photos below.
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