Paramount has upped its offer to $31 per share and said it will pay a $7 billion regulatory termination if the transaction does not close due to regulatory matters.
In December, Netflix announced a $72 billion deal to acquire Warner Bros. Discovery’s film studio, along with HBO and the HBO ...
Warner Bros. Discovery Reviewing Paramount’s Revised Takeover Offer, Both Companies Mum On New Terms
Warner Bros. Discovery agreed on December 5 to sell its studios and streaming assets to Netflix in a cash and stock transaction valued at $27.75 a share, with an enterprise value of about $82.7 ...
Lukas I. Alpert writes about the media and entertainment industries for MarketWatch. He previously worked for the Wall Street Journal, New York Daily News, New York Post and the Associated Press. In ...
Warner Bros. Discovery said that Paramount has raised the price of its takeover offer to $31 per share, potentially setting ...
Warner Bros. Discovery said it will engage with Paramount Skydance to assess if its latest offer is superior to Netflix's $83 billion bid.
Paramount’s revised bid offered $31 per share for the entirety of Warner Bros. Discovery, up from $30 per share, in addition to a $7 billion break-up fee should a merger with Paramount fail to win ...
Paramount has officially raised its offer for Warner Bros. Discovery, CNN’s parent company, to $31 per share, and now the WBD board says it is extending the window for talks with Paramount about a ...
Warner Bros. Discovery's board determined that a revised proposal from Paramount Skydance could lead to a better deal than its merger agreement with Netflix.
Warner Bros. Discovery said Paramount’s new offer of $31 a share could lead to a “superior proposal” to the deal it signed with Netflix.
Streaming giant Netflix has sweetened its takeover bid for the studio and streaming operations of Warner Bros. Discovery (WBD) in a move to fend off an increased offer from David Ellison’s Paramount, ...
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