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Paramount Boosts Bid for Warner Bros. Discovery, Potentially Outbidding Netflix

Paramount Skydance has increased its offer for Warner Bros. Discovery to $31 per share, which the WBD board believes could lead to a superior proposal compared to Netflix's bid.

24 Feb, 21:28 — 24 Feb, 21:38
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screen-rant1h ago

Paramount Increases Warner Bros. That Could Put Netflix Acquisition In Jeopardy

After seeming like Netflix acquiring Warner Bros. was a done deal, Paramount has put forth a new offer that could turn the tide in their favor.

By Matthew Rudoy

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NYT1h ago

Paramount Raises Its Bid for Warner Bros. Discovery

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.

By Lauren Hirsch

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deadline1h ago

WBD Shocker! Says Paramount Sweeter Offer Might Lead To Better Deal Than Netflix, Will Continue Talks With David Ellison Company

Big news. The ground has shifted as Warner Bros. Discovery said its board determined tha a new proposal from Paramount could reasonably be expected to lead to a so-called “Company Superior Proposal” as defined in WBD’s merger agreement with Netflix and that it will continue talks with the David Ellison company. The revised proposal includes […]

By jillg366

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hollywood-reporter1h ago

Warner Bros. Board Warms to Paramount’s Sweetened Bid, New Details Are Revealed

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.

By Caitlin Huston

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Business Insider1h ago

Warner Bros. Discovery says it thinks Paramount's new bid could be superior to Netflix's offer

Paramount Skydance CEO David Ellison has improved his standing with Warner Bros. Discovery, but Netflix co-CEO Ted Sarandos will have a chance to match. Taylor Hill/FilmMagic; Mario Tama/Getty Images; Jemal Countess/Getty Images Warner Bros. Discovery's board said Paramount's latest offer may be better than Netflix's. Paramount is willing to buy WBD's entire business, whereas Netflix only wants its studio and HBO. Netflix may miss out on Warner Bros. if it doesn't up the ante, but it would s...

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variety1h ago

Paramount Boosts Bid for Warner Bros. Discovery to $31 Per Share, Could Lead to ‘Company Superior Proposal’ Over Netflix

The Warner Bros. Discovery board of directors has determined that a revised proposal from Paramount Skydance of $31 per share could “reasonably be expected” to lead to a “company superior proposal” in its potential acquisition deal with Netflix. Per WBD, “The revised proposal includes an increased purchase price of $31.00 per WBD share in cash, plus […]

By Jennifer Maas

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