Warner Bros. Discovery has said that over 93% of its shareholders rejected Paramount Skydance’s offer to buy the entertainment company in favor of Netflix’s modified all-cash bid.

“Once again, Paramount continues to make the same offer our Board has repeatedly and unanimously rejected in favor of a superior merger agreement with Netflix. It’s also clear our shareholders agree, with more than 93% also rejecting Paramount’s inferior scheme,” Warner Bros. said on Thursday, fully backing its pending deal with Netflix.

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