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Stockreport

Warner Bros. shareholders to vote on Paramount's US$81 billion takeover of the Hollywood giant [BNN Bloomberg (Canada)]

Netflix, Inc. (NFLX)  More Company Research Source: BNN Bloomberg
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Paramount wants to buy all of Warner. That means HBO Max, cult-favorite titles like “Harry Potter” and CNN could soon find themselves under the same roof as Paramount's CBS, “Top Gun” and the Paramount+ streaming service. And a greenlight from shareholders would bring the acquisition closer to the finish line. Shareholders are expected to meet at 10 a.m. ET to vote on the deal, which is valued at nearly $111 billion, including debt, based on Warner's current outstanding shares. Even if approved, a Paramount-Warner combo would still face ongoing regulatory reviews, including from the U.S. Department of Justice. Warner has said it expects to close the deal sometime in the third fiscal quarter. Paramount's quest for Warner has been far from smooth sailing. And while Warner's board now endorses the Paramount merger, it wasn't always eager to enter this particular marriage. Late last year, Warner rebuffed Paramount's overtures to instead strike a $72 billion studio and streaming d [Read more]

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Stockreport

Warner Bros. shareholders to vote on Paramount's US$81 billion takeover of the Hollywood giant [BNN Bloomberg (Canada)]

Netflix, Inc.  (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Paramount wants to buy all of Warner. That means HBO Max, cult-favorite titles like “Harry Potter” and CNN could soon find themselves under the same roof as Paramount's CBS, “Top Gun” and the Paramount+ streaming service. And a greenlight from shareholders would bring the acquisition closer to the finish line. Shareholders are expected to meet at 10 a.m. ET to vote on the deal, which is valued at nearly $111 billion, including debt, based on Warner's current outstanding shares. Even if approved, a Paramount-Warner combo would still face ongoing regulatory reviews, including from the U.S. Department of Justice. Warner has said it expects to close the deal sometime in the third fiscal quarter. Paramount's quest for Warner has been far from smooth sailing. And while Warner's board now endorses the Paramount merger, it wasn't always eager to enter this particular marriage. Late last year, Warner rebuffed Paramount's overtures to instead strike a $72 billion studio and streaming d [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
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MAX DOWN
Low:
%
POST NEWS RANGE
%
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S&P 500 (SPX)

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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS