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Stockreport

Warner Bros. Discovery advises shareholders to reject Paramount's offer. But the battle isn't over [CNN]

Netflix, Inc. (NFLX)  More Company Research Source: CNN
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Warner, abbreviated as WBD, is the parent company of CNN. On Wednesday morning, the company filed a formal response to Paramount's hostile takeover bid launched last week. The hostile bid “provides inadequate value and imposes numerous, significant risks and costs on WBD,” the board said in a letter to shareholders. The decision ultimately rests with those shareholders, some of whom have already said that they'll reject the company's advice and tender their shares to Paramount for $30 per share. Executives at Paramount argue that their proposal provides “more value and certainty.” Executives at WBD say the hostile play is anything but certain. The fundamental concern raised by WBD is about whether Paramount is “good for the money,” so to speak. The Paramount offer is financed in large part by the royal families of Saudi Arabia, Qatar and Abu Dhabi. Paramount says it has “air tight financing” and that any suggestion otherwise is “absurd.” But the WBD side has questioned [Read more]
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Stockreport

Warner Bros. Discovery advises shareholders to reject Paramount's offer. But the battle isn't over [CNN]

Netflix, Inc.  (NFLX) 
More Company Research Source: CNN
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Warner, abbreviated as WBD, is the parent company of CNN. On Wednesday morning, the company filed a formal response to Paramount's hostile takeover bid launched last week. The hostile bid “provides inadequate value and imposes numerous, significant risks and costs on WBD,” the board said in a letter to shareholders. The decision ultimately rests with those shareholders, some of whom have already said that they'll reject the company's advice and tender their shares to Paramount for $30 per share. Executives at Paramount argue that their proposal provides “more value and certainty.” Executives at WBD say the hostile play is anything but certain. The fundamental concern raised by WBD is about whether Paramount is “good for the money,” so to speak. The Paramount offer is financed in large part by the royal families of Saudi Arabia, Qatar and Abu Dhabi. Paramount says it has “air tight financing” and that any suggestion otherwise is “absurd.” But the WBD side has questioned [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NFLX
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Price Change %
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%
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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
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Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS