According to a Bloomberg report, Netflix is in talks to revise its cash-and-stock deal to an all-cash deal Well, well, well, the WBD bid war is in full battle mode. None of the two remaining competitors, Netflix and Paramount Skydance are ready to give up that easily. As Paramount continues to argue that cash is […]
Warner Bros. Discovery likely to favor Netflix
Board yet to conclude the Warner Bros. bid war! According to reports, WBD is likely to reject Paramount Skydance’s hostile bid, despite Larry Ellison’s backing of the latter. The company, without raising its $30/share offer, has raised its regulatory reverse termination fee in order to match Netflix by extending its tender offer deadline. Although Netflix’s […]
Larry to the Rescue!
In a market of rising and falling bids, the WBD deal has entered a more decisive phase. The sale of Warner Bros. Discovery has been lingering long enough that every media personnel talks about it, even at dinner tables. Earlier, Netflix almost won the deal to acquire WBD’s streaming and studio operations at $27.75 per […]