Activist investor Ancora publicly opposes the WBD-Netflix deal|EXCLUSIVE:
Netflix’s $82.7 billion bid to acquire Warner Bros. Discovery (WBD) is facing significant new resistance. Investment group Ancora Holdings announced it has purchased $200 million in WBD shares and opposes Netflix’s offer. Instead, Ancora is throwing its support behind a rival bid from Paramount. The WSJ had the exclusive. In a press release on Wednesday, Ancora … Read more