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Stock impact report

Is Netflix on the prowl with $1 billion debt offering? [MSN Money]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: MSN Money
Netflix on Wednday said it is raising $ billion in a debt offering, money that could be used for purchas related to contt and pottial acquisitions.© Dreamstime/TNSIn a statemt, Netflix said money raised in the debt offering would be used for geral corporate purpos that “may include contt acquisitions, production and developmt, capital expditur, invtmts, working capital and pottial acquisitions and strategic transactions.”Load ErrorLast fall, Netflix telegraphed its plans to sell sior not for . billion Euros and $ billion.Jeffrey Wlodarczak, a principal and analyst at New York-based Pivotal Rearch Group, said he believ Netflix don’t need any capital and that the uncertain economic climate could create opportuniti for Netflix to buy a small tech company or acquire more contt.“They are just being opportunistic and prudt after very strong rults and giv the uncertain global economic outlook,” Wlodarczak said.The Los Gatos streamer has befited from the stay-in-home measur caused by the coro Show less Read more
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