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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Morrisons is following in ASDA's footsteps and going up for auction with a whopping price tag

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manchestereveningnews.co.uk

Sign up for our daily newsletter to get the day's biggest stories sent direct to your inbox Supermarket giant Morrisons has confirmed it is to be sold at auction this weekend.

The retailer's sale is set to be in the biggest shake-up since its acquisition of Safeway in 2004, and could replicate the Issa Brothers’ takeover of Asda.

Private equity giants Clayton, Dubilier & Rice (CD&R) and Fortress Investment Group - who are both battling it out for the supermarket - will go head-to-head in a one-day auction on October 2.

American giant CD&R started its pursuit of Britain's fourth largest grocer in June. It was the first company to table a deal. READ MORE: Mum almost 'disowned by her sons' after PrettyLittleThing outfit fail Rival

Read more on manchestereveningnews.co.uk
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