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But Paramount has reportedly been eyeing WBD for years and followed December's merger announcement with an aggressive hostile takeover bid. On Tuesday, in addition to raising its offer to buy all of WBD, Paramount also agreed to pay a $7 billion regulatory termination fee should a Paramount-WBD merger fail to close due to antitrust regulation, as well as a $0.25 per share ticking fee for every quarter that the deal doesn’t close, starting on September 30.
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Angered by the killings at the gates of parliament on 8 September, Nepalis of all ages took to the streets the following day. What had begun as protest rapidly hardened into mob violence, and police became immediate targets. Police stations were set ablaze, officers were assaulted, and three were killed.