Paramount Submits Hostile Bid for WBD After Trump Says Netflix Deal Could Be a ‘Problem’

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The Warner Bros. acquisition drama is far from over. After Netflix announced that it would acquire the studio for $82.7 billion on Friday, Paramount-Skydance has submitted its own hostile bid.

President Trump, meanwhile, suggested this weekend that the resulting “very big market share…could be a problem” for Netflix.

This morning, Paramount offered Warner Bros. Discovery (WBD) shareholders $30 per share, bringing the total deal value to $108.4 billion. However, Netflix’s offer…



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Paramount Submits Hostile Bid for WBD After Trump Says Netflix Deal Could Be a ‘Problem’


The Warner Bros. acquisition drama is far from over. After Netflix announced that it would acquire the studio for $82.7 billion on Friday, Paramount-Skydance has submitted its own hostile bid.

President Trump, meanwhile, suggested this weekend that the resulting “very big market share…could be a problem” for Netflix.

This morning, Paramount offered Warner Bros. Discovery (WBD) shareholders $30 per share, bringing the total deal value to $108.4 billion. However, Netflix’s offer…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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