Netflix to pay all cash for Warner Bros. to fend off Paramount hostile takeover
via wbd.com
Short excerpt below. Read at the original source.
Netflix agreed to pay all cash for Warner Bros. Discovery, amending its $72 billion deal in an attempt to fight off Paramount’s hostile takeover bid. Netflix originally agreed to buy the company with a mix of cash and stock. To sweeten the offer for shareholders, Netflix and Warner Bros. today announced that Netflix will pay […]