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Netflix Welcomes Warner Bros. Discovery Board Recommendation [Yahoo! Finance]
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Ted Sarandos and Greg Peters Send Letter to Warner Bros. Discovery Stockholders Visit NetflixWBtogether.com for More Information on How Netflix and Warner Bros. Will Define the Next Century of Storytelling HOLLYWOOD, Calif. Dec. 17, 2025 /PRNewswire/ -- Netflix, Inc. today welcomed the recommendation from the Warner Bros. Discovery (WBD) Board of Directors for stockholders to reject the unsolicited offer from Paramount Skydance Corporation (PSKY), launched on December 8, 2025. After careful review with independent financial and legal advisors, the WBD Board urged stockholders to approve the merger agreement with Netflix, which they believe offers a more certain and superior alternative for WBD stockholders. On December 5, Netflix and WBD announced a fully negotiated and financed definitive agreement under which Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO. The cash and stock transaction is valued at $27.75 per WBD share, with a t
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- Warner Bros Discovery board rejects rival bid from Paramount [Yahoo! Finance][Yahoo! Finance]
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