Warner Bros. Discovery Beats Investors' $43B Tie-Up Suit
By Lauren Berg ( February 5, 2024, 10:11 PM EST) -- A Manhattan federal judge tossed a proposed securities class action Monday accusing Discovery of not telling investors about the flagging performance of WarnerMedia's streaming service HBO Max prior to a $43 billion merger of the two media giants, saying the plaintiff pension funds have not adequately alleged any actionable omissions....
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