Warner Bros. Discovery calls Paramount Skydance bid ‘superior’ as Netflix lobbies White House
Source: Washington Examiner · Bias: Center Right
Summary
Warner Bros. Discovery is now calling Paramount Skydance’s revised bid for the entire company “superior,” triggering a four-day period for Netflix to match its rival bidder. After reviewing Paramount’s latest offer, the WBD Board of Directors determined it constitutes a “company superior proposal” for now. If Netflix ups its bid to equal Paramount’s $31-per-share offer […]
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