5.2012899198954E-05 0 0.000208051596795964 -0.00093623218558206 -0.00145636117757204 0.00889940705294905 0.00871944242172059 0.00969520441069373
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Stockreport

Warner Bros Discovery board rejects rival bid from Paramount [Yahoo! Finance]

Netflix, Inc. (NFLX)  More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances. In a letter to shareholders, disclosed in a regulatory filing, the board wrote that Paramount had "consistently misled" Warner Bros shareholders that its $30-per-share cash offer was fully guaranteed, or "backstopped," by the Ellison family, led by billionaire and Oracle CEO Larry Ellison. "It does ?not, and never has," the board wrote of the guarantee of Paramount's offer, noting that the offer posed "numerous, significant risks." The board said it found Paramount's offer "inferior" to the merger agreement with Netflix 's. Netflix's $27.75 per share offer for ?Warner Bros' film and television studios, its library and the HBO Max streaming service is a binding agreement that requires no equity financing and has robust debt commitments, the board wrote. Warner Bros has not yet set a date for a shareholder vote on the deal but it is expected to happen sometime in ?spring or early summer, [Read more]
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Stockreport

Warner Bros Discovery board rejects rival bid from Paramount [Yahoo! Finance]

Netflix, Inc.  (NFLX) 
More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances. In a letter to shareholders, disclosed in a regulatory filing, the board wrote that Paramount had "consistently misled" Warner Bros shareholders that its $30-per-share cash offer was fully guaranteed, or "backstopped," by the Ellison family, led by billionaire and Oracle CEO Larry Ellison. "It does ?not, and never has," the board wrote of the guarantee of Paramount's offer, noting that the offer posed "numerous, significant risks." The board said it found Paramount's offer "inferior" to the merger agreement with Netflix 's. Netflix's $27.75 per share offer for ?Warner Bros' film and television studios, its library and the HBO Max streaming service is a binding agreement that requires no equity financing and has robust debt commitments, the board wrote. Warner Bros has not yet set a date for a shareholder vote on the deal but it is expected to happen sometime in ?spring or early summer, [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NFLX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (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