Both houses of Congress are gearing up to go after Netflix’s attempted takeover of Warner Bros. Discovery. Recently, the House held a hearing on the merger. Sen. Mike Lee (R-UT), who in a letter ...

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Paramount sues for transparency over Warner Bros. Discovery’s proposed Netflix bid, launching tentative proxy contest to disrupt sale as political pressure intensifies.

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Paramount has asked Warner shareholders to sell their shares by Feb. 20. The company also vowed to challenge the Netflix deal during a meeting of Warner shareholders.