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...
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21 CHILDREN RESCUED AS YAGBA EAST OFFICIALS INTERCEPT MANGAL CEMENT TRUCK, SUSPECTS MOVED TO LOKOJA. (PHOTO).

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 21 CHILDREN RESCUED AS YAGBA EAST OFFICIALS INTERCEPT MANGAL CEMENT TRUCK, SUSPECTS MOVED TO LOKOJA


8th December, 2025


Authorities in Yagba East Local Government Area have confirmed the interception of a Mangal Cement truck found transporting 21 children under suspicious circumstances.


Local security operatives reportedly stopped the vehicle during a routine check and discovered the minors hidden inside. The incident immediately raised concerns about possible child trafficking or unlawful transportation.


Following preliminary questioning, the suspects linked to the vehicle were taken into custody. Officials say they have since been transferred to Lokoja, the Kogi State capital, for further investigation and interrogation by higher security authorities.


The rescued children are now in safe custody as the state works to verify their identities, check their health conditions, and establish the purpose of their movement.


Yagba East authorities have praised the vigilance of security personnel, noting that the swift interception may have prevented a more serious crime. The investigation is ongoing.

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