WBD is openly for sale and intends to publicly announce its plans toward the middle or end of December, according to people familiar with the matter. The legacy media giant is deciding whether to split the company in two, sell some assets or sell the entire company. Paramount has sent WBD’s board multiple letters explaining why its offer is more valuable to shareholders than splitting the company, signaling negotiations could turn more aggressive if WBD chooses other options. Read more: cnb.cx/4