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 ...
2hon MSN
WBD says Paramount raised its bid to $31 per share, board will weigh offer against Netflix deal
If WBD deems the new Paramount offer superior, Netflix will have four days to improve its previously agreed-upon bid.
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.
Warner Bros. Discovery on Tuesday confirmed that it had received a revised offer from Paramount to acquire Warner Bros. Discovery, its latest effort to woo the entertainment giant away from a deal ...
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