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Warner Bros. Discovery Beats Investor Lawsuit Over Merger Disclosures – The Hollywood Reporter

[ad_1] Warner Bros. Discovery and its top brass will not have to face a lawsuit from investors accusing them of hiding adverse financial information about the company’s prospects leading up to the 2022 merger of Discovery and AT&T’s WarnerMedia. U.S. District Judge Valierie Caproni on Monday found that WBD didn’t overstate subscriber figures and was…

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Warner Bros. Discovery Beats Investor Lawsuit Over Merger Disclosures – The Hollywood Reporter

[ad_1] Warner Bros. Discovery CEO David Zaslav Ethan Miller/Getty Images Warner Bros. Discovery and its top brass will not have to face a lawsuit from investors accusing them of hiding adverse financial information about the company’s prospects leading up to the 2022 merger of Discovery and AT&T’s WarnerMedia. U.S. District Judge Valierie Caproni on Monday…

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Lawmakers seek answers from Blue Cross over controversial proposed sale | Business News

[ad_1] State lawmakers grilled officials with Blue Cross and Blue Shield of Louisiana for nearly eight hours Monday over the proposed $2.5 billion sale of the local nonprofit to Indiana-based Elevance Health, a for-profit company that is one of the nation’s largest insurers. Legislators, who came prepared with detailed questions about every aspect of the…

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