Feb 23, 2026

Boards of Directors Must Follow Their Fiduciary Duties During Mergers and Acquisitions Bidding Wars

Commentary The battle between Netflix and Paramount-Skydance (“PSKY”) to purchase Warner Bros. Discovery (“WBD”) rages with even more drama. Gail Slater, who headed the Department of Justice’s antitrust division, abruptly resigned last Thursday, further frothing speculation about anticipated antitrust regulatory ...