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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38 PARENTS OF MISSING CHIBOK GIRLS DIE IN THREE YEARS.(PHOTO).

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38 Parents Of Missing Chibok Girls Die In Three Years

The president of the Missing Chibok Girl’s Parent Association, Yakubu Nkeki, has said that 38 parents of the missing girls have died in the first three years of the incident. 

He made this known at an art exhibition whichheld in Ikoyi, Lagos on Saturday.

Nkeki said, “It’s not a small test for Chibok families. I want to share with you, almost 38 parents died, refused to eat, no help rendered to them during the first, second and third years of these girls in captivity.

It gives me a tough time to organise the families and get together, you know we are from different locations in Chibok Local Government.

I have to use a bicycle and ride almost 50km to see some of the parents.” 


 

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