WBD says Paramount made higher bid, board will weigh offer against Netflix deal

0 Comments

An aerial view of the Paramount logo on the water tower at Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Warner Bros. Discovery on Tuesday said it had received a higher takeover offer from Paramount Skydance and will review the new bid under the terms of its existing […]


WBD board tells shareholders to reject Paramount Skydance takeover offer

0 Comments

The Paramount logo is displayed on the water tower at Paramount Studios on December 8, 2025 in Los Angeles, California. Mario Tama | Getty Images The Warner Bros. Discovery board on Wednesday said it unanimously recommended that WBD shareholders reject a takeover offer from Paramount Skydance and stick with a “superior” proposal from Netflix. Last […]


Citi CEO Jane Fraser gets added title of chair of the board

0 Comments

Citigroup CEO Jane Fraser was elected as chair of the board of directors, the bank said in a filing on Wednesday. Fraser replaces John Dugan, who has been chair since 2019 and will now become lead independent director. The board also granted a one-time equity award of $25 million that will vest fully within five years, to ensure “leadership […]


Illinois Gaming Board bans casino and sports wagering advertising on college campuses

0 Comments

The Illinois Gaming Board (IGB) has announced a ban on advertisements on college campuses, along with an expansion of the existing restrictions on advertising, marketing and promotions for casino, video gaming, and sports wagering operators. The new rules have been adopted by the regulatory board, with these now including advertisements not being placed in locations […]


Comcast spinoff Versant announces board of directors

0 Comments

Versant signage on the floor at the New York Stock Exchange on July 21, 2025. Michael Nagle | Bloomberg | Getty Images Comcast on Thursday announced the expected board members of its cable networks spinout, Versant. They come from backgrounds in media, technology, finance and other industries, according to Versant. Versant will be the parent […]


PointsBet board rejects Betr takeover bid, prioritizing MIXI offer

0 Comments

PointsBet Holdings has rejected a takeover proposal from Betr Entertainment, maintaining its position that shareholders should accept the alternative offer on the table from MIXI Australia.  Betr’s bid was made on an all-scrip basis (meaning the offer comprises entirely shares in the acquiring company, rather than cash), in contrast to the cash offer from MIXI. […]


Pennsylvania Gaming Control Board wants to hear public opinion on casino license renewal

0 Comments

The Pennsylvania Gaming Control Board is planning a hearing to hear from the public on the renewal of a casino license for Stadium Casino. The hearing, scheduled for Wednesday, August 13, will be a space for members of the public to comment on the renewal of the Category 2 Slot Machine Operator License for Stadium […]


Tesla’s feckless board needs to rein in Elon Musk before it’s too late

0 Comments

Shares of Tesla are up around 190% during the past five years, almost double that of the S&P 500, which has given its CEO, the voluble and volatile, Elon Musk a lot of room to flout convention. The board of the publicly-traded EV company technically works for its shareholders and because of that share price, it […]


Buffett to sit with board members at 2026 Berkshire meeting, won’t appear on stage: report

0 Comments

Berkshire Hathaway founder and Chairman Warren Buffett is going to forego his usual stage appearance at the 2026 company shareholders’ meeting, the Omaha World-Herald reported on Sunday. Buffett instead will be seated alongside the company’s board of directors while his successor and current vice chairman and incoming CEO Greg Abel answers questions, the report said. Warren Buffett in 2023. REUTERS At Buffett’s […]


Meta adds former Trump advisor to its board

0 Comments

From left, U.S. President Donald Trump, Senator Dave McCormick, his wife Dina Powell McCormick and Elon Musk watch the men’s NCAA wrestling competition at the Wells Fargo Center in Philadelphia, Pennsylvania, on March 22, 2025. Brendan Smialowski | Afp | Getty Images Meta on Friday announced that it was expanding its board of directors with […]