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BREAKING: latest @paramountco offer is UNLIKELY to move the ball forward w @wbd board since among other issues it doesn’t lock in additional money and is below David Zaslav’s threshold of around $3 a share extra. Plus there is no Larry Ellison explicit guarantee of the debt in the $PSKY’s $30 a share all cash offer which includes $80b in debt. $PSKY’s knows this so from what I hear this is an attempt to persuade shareholders to vote down the @netflix offer by providing a few additional benefits but also arguing that the @netflix deal is likely to get rejected on the antitrust grounds implications and now as I reported is now being looked at under Section 2 of the Sherman Antitrust Act for having a monopoly biz model. Story developing
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