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Stock impact report

Netflix Offers Mostly Cash for Warner Bros. in New Bid Round [Yahoo! Finance Canada]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Most Read from Bloomberg Paramount's offer, while largely backed by the family of Oracle Corp. co-founder Larry Ellison, includes debt financing from Apollo Global Management Inc. Middle East funds are also contributing, the people said. The offers are binding, which means the board is in a position to sign off on a deal quickly if its goals are met, one of the people said. The company hasn't described the latest offers as final, however, and another bid would be considered if the terms are attractive. Netflix, the streaming industry leader, is working on a bridge loan that totals tens of billions of dollars, one of the people said. Warner Bros. is said to want $30 a share, and the company's chair emeritus, John Malone, has said that number is “possible.” The stock closed at $23.87 Monday in New York, giving the company an equity market value of $59 billion. The parent of HBO, CNN and its namesake film studio officially put itself up for sale in October after receiving mult Show less Read more
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