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...

PRESS RELEASE PUBLICATION OF PERSONAL PARTICULARS OF CANDIDATES FOR THE EKITI STATE GOVERNORSHIP ELECTION.(PHOTO).#PRESS RELEASE


INDEPENDENT NATIONAL ELECTORAL COMMISSION

INEC-HEADQUARTERS

INEC

Plot 436, Zambezi Crescent, Maitama District, P.M.B 0184, Abuja, Federal Capital Territory, Nigeria.

Website: www.inecnigeria.org Online Newspaper.www.inecnews.com

PRESS RELEASE

PUBLICATION OF PERSONAL PARTICULARS OF CANDIDATES FOR THE EKITI STATE GOVERNORSHIP ELECTION

It will be recalled that on 10th June 2021, the Independent National Electoral Commission (INEC) released the Timetable and Schedule of Activities for Ekiti State Governorship election.

The Timetable and Schedule of Activities provides for the publication of the personal particulars and list of candidates (Form EC9) for the election latest by Friday 11th February 2022. Accordingly, the Commission has published the list and personal particulars of

the candidates contesting the Ekiti State Governorship election in the INEC State and Local Government Offices in the State, in compliance with section 31(3) of the Electoral Act, 2010 (as amended) which provides that the Commission shall within 7 days of the receipt of the personal particulars of the candidates, publish it in the constituency where the candidates intend to contest the election.

Similarly, as provided for in section 31(4) of the Electoral Act, any person who has reasonable grounds to believe that any information given by any of the candidates in the affidavit accompanying the information or any document submitted by any of the candidates is false may file a suit at the federal High Court, High Court of a State or the FCT against such a person.

We enjoin members of the public to engage the electoral process by scrutinizing the personal particulars of candidates contesting the Ekiti Governorship election and ensure that the sanctity of the electoral process is maintained and the intendment of the Electoral Act realized.



Festus Okoye Esq.

National Commissioner and Chairman, Information and Voter Education Committee. Wednesday 16th February 2022.

 

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