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Activist investor Ancora pushes Warner Bros to walk away from Netflix deal, WSJ reports
Netflix, Inc. NFLX | 94.89 94.16 | -2.11% -0.77% Post |
Paramount Skydance Corporation Class B PSKY | 9.94 9.95 | -3.78% +0.10% Post |
Warner Bros. Discovery, Inc. Series A WBD | 27.81 27.71 | +0.18% -0.36% Post |
Feb 10 (Reuters) - Activist investor Ancora Holdings has built a roughly $200 million stake in Warner Bros Discovery WBD.O and plans to oppose Warner's deal to sell its prized TV and film assets to Netflix NFLX.O, the Wall Street Journal reported on Tuesday.
Reuters could not immediately verify the report.


