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-0.0010423905489924 -0.0010423905489924 -0.0010423905489924 0.00034746351633084 0 0.00034746351633084 -0.0010423905489924 -0.000173731758165358
Stock impact report

Paramount Strengthens Takeover Bid for Warner Bros., New Details Emerge [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Earlier this month, Warner Bros. Discovery announced that Netflix had won the bid to acquire Warner Bros . The deal, which is worth approximately $82.7 billion, means that Netflix will control the Warner Bros. film and television studios as well as HBO and HBO Max. If the deal is finalized, Netflix would control notable Warner Bros. properties, including DC , Harry Potter, Game of Thrones, Dune, and The Lord of the Rings. Netflix has said that it remains committed to Warner Bros.' theatrical film slate , which includes DC projects Supergirl in 2026 and Man of Tomorrow in 2027. Paramount Skydance Corporation is not going down without a fight. The company amended its hostile takeover bid on Monday to “address WBD's stated concerns regarding Paramount 's superior offer.” The offer remains at $30 per share for all assets and liabilities of Warner Bros. Discovery. Paramount's bid proposal is valued at $108 billion. According to a Paramount press release , Larry Ellison, the founder Show less Read more
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