Your email has been successfully added to our mailing list.

×
0.00074144688062698 0.000730854782332257 0.000529604914733579 0.000528545704904076 0.000830420506302169 0.00238322211630118 0.00238322211630118 0.00238322211630118
Stock impact report

Warner Bros recommends investors reject Paramount's offer in favor of Netflix's [Yahoo! Finance]

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: Yahoo! Finance
rival bid from Netflix it said will better serve their interests and the entertainment company's audiences. The Warner board said in a letter to shareholders on Wednesday that Paramount's “inferior” offer carried “significant risks and costs,” in large part because it relies heavily on borrowed money – whereas the Netflix offer is backed by a company worth more than $400 billion. Warner, which owns the Warner Bros. Pictures movie studio and HBO, agreed earlier this month to a cash-and-stock offer from Netflix valued at $72 billion. As part of that deal, Warner would first spin off its its cable TV assets, including CNN and Discovery. Days later, Paramount made a hostile , all-cash offer for all of Warner's properties valued at $77.9 billion. With the fate of marquee movie-making and streaming services on the line, a Warner deal with either company would face intense scrutiny from U.S. regulators. Paramount has argued that its offer — coming from a smaller company — would face Show less Read more
Impact Snapshot
Event Time:
NFLX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NFLX alerts
Opt-in for
NFLX alerts

from News Quantified
Opt-in for
NFLX alerts

from News Quantified