The most likely outcome is that Netflix will walk away from the bidding war. That’s good news for its shareholders.
Paramount’s $31-per-share offer pressures Warner Bros. Discovery to reconsider its Netflix agreement amid a growing bidding war.
The group warns that the $83 billion acquisition could result in "undue market concentration that stifles competition" and lead to "higher prices, lower reliability and less innovation" ...
With Netflix stock down more than 20% since the transaction was first announced in December, NFLX now prices in substantial ...
Netflix shares stood at $82.23 per share in trading early Wednesday afternoon, up 5.37%, or $4.18, from the day-earlier close of $78.04. Volume stood around 35 million. Average volume is 46.2 million.
Warner Bros. Discovery ( WBD) will report its results for the fourth quarter on Thursday, before market opens. Wall Street ...
Warner Bros. Discovery announced Tuesday that Paramount Skydance has raised its purchase offer to $31 per share, which may ...
Warner Bros. Discovery said that Paramount has raised the price of its takeover offer to $31 per share, potentially setting the stage for a fresh bidding war with Netflix over the future of the ...
The president boasted about a strong economy in his State of the Union address. But he spent less time on a potential ...
Paramount Skydance raised its bid for Warner Bros., and it could surpass what Netflix has offered so far. Find out more about the ongoing takeover battle.