The government probably took too much of your paycheck this year – here’s how to get it back

 The government probably took too much of your paycheck this year – here’s how to get it back

The government probably took too much of your paycheck this year – here’s how to get it back Paramount Sky Dance has launched an $18 billion bid for Warner Brothers Discovery. The hostile takeover offer comes just days after Warner Bros. Discovery announced

that it had agreed to a deal with Netflix worth about $83 billion. Under the deal, Netflix would acquire Warner’s streaming and film assets.

But now Paramount wants to outbid Netflix in a deal that would include all of Warner Bros. Discovery, including its cable channels.

Joining the fray is Nick Lackenberg. He’s a business editor at Fortune. Nick, good on you again. Boy, a lot has happened since we last spoke a few days ago.

Um, we were talking about the Netflix deal that was reached. What makes ParamountGuidance’s offer different? Yes, it’s for the entire company.

So, Netflix is ​​bidding for 80% or maybe something. Well, the really big question is how much is the Netflix offer worth compared to the Paramount offer?

And Paramount is going to buy the whole thing. Netflix is ​​going to buy something like 80 90% and it's 108 billion verse 83 billion. And so there's a real price question

that's going to be played out for the shareholders here. So you mentioned the shareholders. How is that going to play out? Is it ultimately the shareholders who will decide what happens?

And are they thinking that they're just thinking about the financial benefit here? Because we know that David Ellison, the chairman of Paramount Pictures, says,

c f "Well, it's better for Hollywood too." That's true. He's saying I was just at a conference where the Netflix co-CEOs were saying

that their choice is better for Hollywood. Oh, for now, Warner says it's still recommending the Netflix deal, but it's going to review the Paramount offer.

They've got until December 22nd, before Christmas, to give shareholders a chance to weigh in. Paramount's David Ellison has accused Warner of not taking them seriously,

not having spoken to them in the last six months. He said they haven't had a single meeting where there was a document that was looked at and discussed.

So they feel like it's not a fair process for them. And Warner could face questions from investors saying, "Hey, we're in agreement with Paramount here.

We think this deal is better, there could even be a lawsuit." Like it's really fun right now. How unusual is this kind of situation? It's not unusual,

But I will say the data was pretty good. Today is saying that it actually works 30 percent of the time. A hostile tender offer to shareholders and if it works,

then they think that making such a hostile tender offer would be the biggest deal ever. Nick Luckenberg, very interesting thanks

Paramount Skydance launches hostile bid for WBD after Netflix wins bidding war

Focus here in the last couple of trading weeks of the year? MIKE I mean. Besides the feed you know.

What do I want to stop doing, guys, because I want to update my viewers on breaking news. We have this morning.

Including, of course, the deal that was announced on Friday in which Warner Bros. agreed to sell

to Netflix itself. Obviously, a lot of the reporting from me on Paramount and the frustration with them, really, is acting on its own. And now we, according to the wires in the press release,

tell you that now Warner Bros. Discovery is launching an at-will offer to acquire it for $30 a share. All cash. Now, what would be the impact of doing that, essentially,

Netflix is ​​holding a shareholder vote on the transaction. The key is where shareholders will have their voices heard. We don't even have a date for the shareholder vote, presumably.

Typically, that could be 3 to 4 months after the announcement. Obviously, we'll have to wait for the merger. At least the background, according to Warner Bros.

But according to Toparamount, we do what we need to do. And the fact is that during this press release, they feel like they weren't being addressed in terms of going to Netflix

And so they're taking a tender offer of TheType, hoping with all that Warner Bros. shareholders, of course, that they'll somehow put pressure on the company

And or at least indicate that they've been unwittingly failing. With Netflix. It should also be noted, when you make a tender offer,

you put that company in a position to file a D9, when these things go down. Looking for some of my notes, which are essential for them to come out with all the reasons

Why they decided what they did. yourself, and see if it's actually helpful when Warner Bros. also responds to the notion that

they were underdogs in pushing this deal, right here in New York Stock Exchange for an interview. Well, that would be what would be nice to hear from him.

It certainly would be. So we're going to talk to Heyman for a few minutes to get a lot more out of his side of the story obviously.

But I mean, stepping back, we're talking about a $100 billion fight over this company now. This Paramount

is able to make this distinction more and more frequently for the entire company by the way Apollo playing a

less role in terms of the dollar amount. So they say they're financing. Sarah is completely and completely safe.

And again, they feel like they've been completely damaged in the process, maybe not getting enough

The attention from the board that they felt that, or at least the board being fully informed in a way

The decision because a lot of this comes back to the trust that we've talked about and the fact that Netflix is ​​taking a very important butt into its own hands that could last over time.

To get that approval if they do the DOJ versus what PARAMOUNT says is a very easy regulatory process, in which they believe a deal can be made after that. And so they're arguing for $30 cash for the entire company versus 27,75, 85%, which is what Netflix stock is left with. And then that stub, as we call it,