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
Perhaps Mark Cuban has seller’s remorse. An “unidentified Dallas investor group” is reportedly interested in pairing with former Dallas Mavericks governor Mark Cuban to purchase the team from Patrick Dumont, according to NBA reporter Marc Stein. “The family remains excited about the future of the franchise and the Cooper Flagg era,” a source close to … Read more
An unidentified Dallas investor group is interested in partnering with Mark Cuban to purchase the Mavericks back from team governor Patrick Dumont, sources told NBA insider Marc Stein. “The family remains excited about the future of the franchise and the Cooper Flagg era,” a source close to Dumont told Stein. Cuban bought a majority stake … Read more