Paramount Skydance has intensified its bid to acquire Warner Bros. Discovery (WBD) by filing a lawsuit and announcing plans to nominate directors to WBD's board. The lawsuit, filed in Delaware Chancery Court, seeks financial details regarding WBD's $82.7 billion merger agreement with Netflix, which Paramount argues undervalues shareholders. Paramount's $108.7 billion all-cash offer is presented as superior to Netflix's cash-and-stock deal. WBD's board has rejected Paramount's offer, recommending shareholders accept the Netflix agreement.