Dec 23 (Reuters) - Paramount Skydance's latestoffer to buy Warner Bros Discovery still is not good enough for prominent shareholder Harris Oakmark, the investor told Reuters on Friday.
Warner Bros' fifth largest shareholder, owning 96 million shares or about4% of shares as of the end of September, said it would hold out for more from the Ellison family-controlled Paramount.
"The changes in Paramount’s new offer were necessary, but not sufficient," Harris Oakmark portfolio manager and Director of
Continue Reading on The Star Malaysia
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.