Description
Did Activist Pressure Push Warner Bros. Discovery (WBD) To Reopen The Netflix Deal RISK?
Warner Bros. Discovery agreed to sell its studios and HBO Max to Netflix, locking in a signed transaction that reshapes the company. Now activist investor Ancora has built a stake and is urging the board to reconsider in light of a rival offer from Paramount. The market sees a bidding war and assumes higher price wins. What matters more is how incremental dollars translate into real shareholder value versus execution risk.
