Warner Bros. Discovery Faces Questions Over Sale Process Fairness and Adequacy.

Paramount is questioning the fairness and adequacy of Warner Bros. Discovery's sale process, calling out reports that management favors Netflix's offer. Paramount has submitted a second-round bid to acquire some or all of Warner Bros. Discovery's assets, while Netflix and Comcast have also submitted bids. Paramount attorneys have expressed concerns that WBD's management is biased against a merger with Paramount and prefers to complete its separation into two companies.