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Media mogul Ted Turner who founded CNN and revolutionized cable news has died. He was 87.
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Warner Bros. is in the middle of a bidding war between Paramount and Netflix.
Journalism
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Warner Bros. is again rejecting a takeover bid from Paramount and telling shareholders to stick with a rival offer from Netflix.
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Paramount went hostile with its bid last week, asking shareholders to reject the deal with Netflix favored by the board of Warner Bros.
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The cash and stock deal is valued at $27.75 per Warner share, giving it a total enterprise value of approximately $82.7 billion.
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The Final Four and Championship games will air exclusively on CBS on April 5th and April 7th, respectively.