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Stock impact report

Netflix Weighs Amending Warner Bros. Bid to Make It All Cash [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
for the company's studios and streaming businesses, people familiar with the discussions said. The changes are designed to expedite a sale that will take months to close and has faced opposition both from politicians and rival bidder Paramount Skydance Corp. Institutional investors have been divided in their support. Most Read from Bloomberg Why the Renovation of Federal Reserve Headquarters Costs $2.5 Billion Summit Properties Wins Auction for Bankrupt NYC Apartments The Latest Brand of Tech City Dreams: Virtual Residents Hochul Eyes Jamaica Station Revamp and Subway Link Across Harlem In Birmingham, a Stadium Plan Shows UK Football's Flashy Side Under the original agreement, Warner Bros. shareholders were to receive $23.25 in cash and $4.50 in Netflix common stock, with certain adjustments in place if shares of the streaming giant fall below $97.91. Since the company's pursuit of Warner Bros. began in October, Netflix shares have lost about a quarter of their value. Show less Read more
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