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

Image
 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...

READ PRESIDENT BUHARI'S REMARKS/SPEECH TODAY AT THE COMMEMORATION & INVESTITURE HONOURING THE HEROES OF JUNE 12.{PHOTOS}.

Image may contain: text
        Remarks by President Muhammadu Buhari at the Special National Honours Investiture for late Chief MKO Abiola, Ambassador Baba Gana Kingibe and late Chief Gani Fawehinmi, at the State House Conference Centre, Abuja.
The above remark reads-
    Today I am very happy to be present and to preside over the Commemoration and Investiture,marking the formal official Federal Government recognition of June 12 as National Democracy Day.
1. The decision and this event is not meant to be and is no an attempt to open old woulds but to put right a national wrong.Nigerians of their own free will voted for Late Chief MKO Abiola and Amb. Baba Gana Kingibe,the Presidential flag bearer and running mate of the Social Democratic Party {SDP} in the 1993 elections.The Government of the day inexplicably cancelled the elections when it was clear who were going to be the winners.

2. We cannot rewind the past but we can at least assuage our feelings;recognized that a wrong has been committed and resolve to stand firm now and in the future for the sanctity of free elections,Nigerians would no longer tolerate such perversion of justice.
This retrospective and posthumous recognition is only a symbolic token of redress and recompense for the grievious injury done to the peace and unity of our country.
3. Our decision to recognize and honour June 12 and its actors is in the national interest.It is aimed at setting national healing process and reconciliation of the 25 year festering wound caused by the annulment of the June 12th elections.I earnestly invite all Nigerians across all our national divide to accept it in good faith.
4. Our action today is to bury the negative side of June 12,the side of ill-feelings,hate,frustrations and agony.What we are doing is celebrating and appreciating the positive side of June 12.The June 12,which restate democracy and freedom.The June 12 that overcome our various divide and the June 12 that produced unity and National cohesion.This is the June 12 we are celebrating today and we will nurture it to our next generation.
5. Accordingly,on behalf of the Federal Government,I tender the nation's apology to the family of Late MKO Abiola,who got the highest votes and to those that lost their loved ones in the cause of June 12 struggle.
6. At this juncture,Ladies and Gentlemen,I would like everybody present to stand and observe a minute silence in honour of the memory of Chief MKO Abiola and Chief Fawehinmi and indeed all those who lost their lives in the struggle of June 12 1993.
One more photo below.
Image may contain: text

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.