Warner Bros. Discovery Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Warner Bros. Discovery, Inc. - WBD

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Warner Bros. Discovery, Inc.’s (NasdaqGS: WBD) Warner Bros., including its film and television studios, HBO Max and HBO, to Netflix, Inc. (NasdaqGS: NFLX). Under the terms of the proposed transaction, shareholders of Warner Bros. Discovery will receive $23.25 in cash and $4.501 in shares of Netflix