Board debates rival paths as ticking fees raise stakes for shareholders
Activist fund ups bet as Paramount circles and Netflix deal looms
Rene Augustine joins amid takeover fight for Warner Bros
Enhanced offer adds ticking fee, break-fee cover and debt backstops as bidder claims faster regulatory path
WASHINGTON/NEW YORK: The US Department of Justice is probing whether Netflix deployed anti-competitive tactics around its proposed $82.7bn acquisition of Warner Bros Discovery’s studios and streaming...