December’s 5 Most Popular Press Releases
December served up a mix of attention-catching releases: a viral holiday onesie, corporate takeover drama and a medical milestone.
Here are the top five stories that captured attention on prnewswire.com last month
1. Pizza Hut Doubles Down on Helping Fans Holiday Harder with New Limited-Edition Tipsy Elves Triple Treat Box Onesie
Source: PRNewsfoto/Pizza Hut
The Triple Treat Box is back for the holidays and fans can now dress like their favorite deal with a new Tipsy Elves onesie inspired by the iconic bundle.
“Pizza Hut is all about feeding good times, and knowing our fans love to go extra hard for the holidays, the Triple Treat Box is designed to fuel those moments,” said Melissa Friebe, Chief Marketing Officer at Pizza Hut. “Whether it’s covering every inch of your roof with lights or feeding good times as the host of your holiday parties, Pizza Hut is here to bring the festive flavor.”
2. Paramount Launches All-Cash Tender Offer to Acquire Warner Bros. Discovery for $30 Per Share
David Ellison, Chairman and CEO of Paramount, said: “WBD shareholders deserve an opportunity to consider our superior all-cash offer for their shares in the entire company. Our public offer, which is on the same terms we provided to the Warner Bros. Discovery Board of Directors in private, provides superior value, and a more certain and quicker path to completion. We believe the WBD Board of Directors is pursuing an inferior proposal which exposes shareholders to a mix of cash and stock, an uncertain future trading value of the Global Networks linear cable business and a challenging regulatory approval process. We are taking our offer directly to shareholders to give them the opportunity to act in their own best interests and maximize the value of their shares.”
3. Netflix To Acquire Warner Bros. Following the Separation of Discovery Global for a Total Enterprise Value of $82.7 Billion (Equity Value of $72.0 Billion)
“This acquisition will improve our offering and accelerate our business for decades to come,” continued Greg Peters, co-CEO of Netflix. “Warner Bros. has helped define entertainment for more than a century and continues to do so with phenomenal creative executives and production capabilities. With our global reach and proven business model, we can introduce a broader audience to the worlds they create—giving our members more options, attracting more fans to our best-in-class streaming service, strengthening the entire entertainment industry and creating more value for shareholders.”
4. Warner Bros. Discovery Board of Directors Unanimously Recommends Shareholders Reject Paramount Tender Offer
“Following a careful evaluation of Paramount’s recently launched tender offer, the Board concluded that the offer’s value is inadequate, with significant risks and costs imposed on our shareholders,” said Samuel A. Di Piazza, Jr., Chair of the Warner Bros. Discovery Board of Directors. “This offer once again fails to address key concerns that we have consistently communicated to Paramount throughout our extensive engagement and review of their six previous proposals. We are confident that our merger with Netflix represents superior, more certain value for our shareholders and we look forward to delivering on the compelling benefits of our combination.”
5. Medtronic announces FDA clearance of Hugo™ robotic-assisted surgery system for urologic surgical procedures
Source: PRNewsfoto/Medtronic plc
The Hugo RAS system’s clearance brings a versatile robotic-assisted platform to U.S. surgeons and health systems seeking to expand soft-tissue robotic surgery programs and access to minimally invasive care.
The U.S. leads the world in robotic surgery adoption, yet hospitals continue to face challenges in capacity and access. The introduction of the Hugo RAS system in the U.S. helps address this gap, offering an innovative approach to robotic-assisted surgery from the global leader in surgery and bringing choice to hospitals and surgeons across the country.
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Sarah Roberts is Director of Customer Content Services. In a previous life, she was a newspaper reporter in the Midwest before permanently retiring her snow shovel and moving to the Land of Enchantment. In her spare time, she enjoys reading, exploring the craft beer scene and petting all the dogs.
