Paramount Skydance on Monday sued Warner Bros Discovery for more information on a rival $82.7 billion deal with Netflix escalating a battle to take control of one of the most storied Hollywood studios.
The David Ellison-led company also said it planned to nominate directors to Warner Bros' board, in one of its most aggressive steps to convince investors that its $108.7 billion all-cash bid is superior to Netflix's cash-and-stock deal.
