Paramount said it believes the process has been “tainted” by management conflicts, including “certain members of management’s potential personal interests in post-transaction roles." Photo by Handout/Paramount Pictures/Postmedia files
Paramount Skydance Corp. said Warner Bros. Discovery Inc. isn’t being fair in its process to sell itself and isn’t acting in shareholders’ best interests , as a competitive bidding process is underway.
In a letter to Warner Bros. chief executive David Zaslav, attorneys for Paramount said the entertainment giant is favouring a rival bid from Netflix Inc. , even after Paramount has submitted five offers.
“It has become increasingly clear, through media reporting and otherwise, that WBD appears to have abandoned the semblance and reality of a fai

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