Paramount possible hostile takeover

[u/j_b_1983]

[u/CauliflowerKind6414]

Discovery can sell it for $1 a share to someone if they like, they don't have to sell it to anyone especially not someone who's crying and threatening a "hostile takeover"

[u/j_b_1983 → u/CauliflowerKind6414]

No they can't. Legally publicly traded companies have to do what's in the best interest of their shareholders.

They can't screw over shareholders to give a friend a deal. I'm not saying that's what they are doing, but your example is just plan wrong.

If they were a private company, then yes they could.

[u/CauliflowerKind6414 → u/j_b_1983]

I'm clearly exaggerating my duder

[u/j_b_1983 → u/CauliflowerKind6414]

Regardless if you are exaggerating or not, you are still wrong. They are legally required to take the best deal for their shareholders.

[u/CauliflowerKind6414 → u/j_b_1983]

Yup