ACCORD PARTY GARNERS SUPPORT FOR GOVERNOR ADELEKE FOR SECOND TERM. (PHOTO).

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 ACCORD PARTY GARNERS SUPPORT FOR GOVERNOR ADELEKE FOR SECOND TERM Ahead of the August 15th Osun State governorship election, Accord party has urged the people of the state to re-elect Governor Ademola Adeleke, describing his administration as one that has delivered significant progress in infrastructure, education, healthcare, security and workers' welfare. In a statement, the party's National Chairman,  Maxwell Mgbudem, said Governor Adeleke's achievements justify a second term and expressed confidence that voters would support the continuity of his administration. The party also called on the Independent National Electoral Commission and security agencies to remain neutral and ensure a free, fair, credible and transparent election. It further warned against vote buying, insisting that every valid vote must count, and described the Osun governorship election as a key test of INEC's readiness for the 2027 general election.
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WARNER BROS. DISCOVERY SAYS PARAMOUNT HAS INCREASED ITS TAKEOVER BID. (PHOTO).

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Warner Bros. Discovery says Paramount has increased its takeover bid


Paramount on Tuesday increased its offer to buy Warner Bros. Discovery as the company, led by CEO David Zaslav, explores selling its entertainment studios and spinning off its linear television assets.

The new bid comes at $31 per share and is part of Paramount’s ongoing hostile approach, aiming to outbid the deal Warner Bros. Discovery agreed to with Netflix late last year for its film and TV business, including major properties like Game of Thrones and The Sopranos. Warner Bros. Discovery said Paramount’s raised offer could constitute a “Company Superior Proposal,” a term indicating the board might soon consider supporting a sale to Paramount.

The Netflix deal has drawn scrutiny from lawmakers concerned about market concentration and content production practices. President Trump has recently criticized board member Susan Rice over remarks about his administration, urging Netflix to sever ties with her. Any acquisition will require approval from the Department of Justice, which has recently seen changes in its antitrust leadership.

Paramount’s offer differs from Netflix’s in that it seeks to acquire the entire Warner Bros. Discovery portfolio, including television assets. It also includes a $7 billion termination fee if Warner Bros. Discovery cancels its Netflix deal. Warner Bros. Discovery emphasized that its agreement with Netflix “remains in effect” and the board continues to recommend the transaction.


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