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-0.000355935219790054 -0.000711870439579981 -5.33902829685018E-05 0.000711870439579981 -0.00480512546716503 -0.00711870439580006 -0.0114824701904254 -0.0121017974728599
Stock impact report

A Sprint Towards a Deal, Then An Ultimatum: How Netflix Won Warner Bros. [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
It was a message hammered home in an email that Netflix's attorneys at Skadden sent to their counterparts at Debevoise and Wachtell Lipton. More from The Hollywood Reporter The Last Hollywood Gold Mine: Why the Fight for Warner Bros. Is a Bidding War Netflix's Ted Sarandos, Greg Peters Visit Warner Bros. Studio Lot With David Zaslav 'Breakdown: 1975' Review: Morgan Neville's Netflix Doc Offers a Fun, if Unfocused, Glimpse at Hollywood and America in the Mid-1970s “Our client's expectation is that we will be signed as soon as practicable this evening, and the deal announced before open of market tomorrow morning,” the email reads. “We have been instructed by our client to convey that this is our best and final proposal and that if we are not done before open of market tomorrow morning, our proposal shall be deemed withdrawn, null and void. We will withdraw from your process, abandon pursuit of the transaction and terminate discussions.” The blunt email and fateful call fro Show less Read more
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