WBD says Paramount’s new, higher offer could be “superior” to Netflix’s
via arstechnica.com
Short excerpt below. Read at the original source.
Paramount Skydance increased its bid for Warner Bros. Discovery (WBD) from $30 per share to $31 per share, WBD said today. Amid a competing offer from Netflix for WBD’s movie studios and streaming businesses, WBD said that Paramount’s new bid “could reasonably be expected to lead to a ‘Company Superior Proposal.’” Under its revamped offer, […]