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Stockreport

Warner Bros Discovery urges shareholders to reject Paramount's $108.4bn takeover bid [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
Related: Deal or no deal? The inside story of the battle for Warner Bros WBD agreed to sell its storied movie studios, HBO cable network and streaming service to Netflix in a $82.7bn deal earlier this month, setting the stage for a seismic shift in Hollywood's industrial landscape. But Paramount, which had privately bid for WBD before the Netflix deal was unveiled, swiftly countered with an all-cash offer and vowed to take it directly to shareholders. Unlike Netflix, Paramount – which is controlled by the billionaire Ellison family – bid for the entire company, which also includes the CNN news network. In a blunt letter to shareholders on Wednesday morning, WBD accused Paramount of having “consistently misled” investors by claiming its bid has a “full backstop” – a safety net to ensure it has sufficient funds – from the Ellisons. Paramount did not immediately respond to a request for comment. “Following a careful evaluation of Paramount's recently launched tender offer, the [Read more]
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Stockreport

Warner Bros Discovery urges shareholders to reject Paramount's $108.4bn takeover bid [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
Related: Deal or no deal? The inside story of the battle for Warner Bros WBD agreed to sell its storied movie studios, HBO cable network and streaming service to Netflix in a $82.7bn deal earlier this month, setting the stage for a seismic shift in Hollywood's industrial landscape. But Paramount, which had privately bid for WBD before the Netflix deal was unveiled, swiftly countered with an all-cash offer and vowed to take it directly to shareholders. Unlike Netflix, Paramount – which is controlled by the billionaire Ellison family – bid for the entire company, which also includes the CNN news network. In a blunt letter to shareholders on Wednesday morning, WBD accused Paramount of having “consistently misled” investors by claiming its bid has a “full backstop” – a safety net to ensure it has sufficient funds – from the Ellisons. Paramount did not immediately respond to a request for comment. “Following a careful evaluation of Paramount's recently launched tender offer, the [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