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0 0 0.000145361265498041 -0.000855066267635724 -0.00513039760581449 -0.0136810602821719 -0.0119709277469004 -0.0123984608807182
Stock impact report

Netflix Moves to All-Cash $82.7 Billion Warner Bros Deal [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
Bros Discovery , replacing its earlier cash and stock proposal to fend off a rival bid from Paramount Skydance. Warning! GuruFocus has detected 3 Warning Signs with CRWD. Is NFLX fairly valued? Test your thesis with our free DCF calculator. A recent filing with the government discloses that the Warner Bros board unanimously backs the new offer of $27.75 per share. Netflix said the change delivers "greater financial certainty" and speeds up the approval process for shareholders, which is expected to happen in April. Paramount has been encouraging Warner Bros. shareholders to take its $30 per share cash offer because it says it is worth more. Warner's board thinks Netflix's offer is better since its balance sheet is investment-grade and its debt ratio is lower under four times profits for a merger with Paramount, compared to seven times profits for a merger with Netflix. Netflix changed to an all cash deal after its stock price dropped almost 15% after the deal was announced i Show less Read more
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