daz999999999
12-10

Paramount Escalates Battle for WBD With Hostile $30 Cash Offer

Paramount intensified its bid to acquire Warner Bros. Discovery, launching a hostile all-cash tender offer at $30 per share above Netflix’s previously accepted $27.75 cash-and-stock deal. Backed by $41 billion in equity financing and $54 billion in debt commitments, the offer sets up a high-stakes contest that could prompt a counter-move from Netflix. WBD’s board reaffirmed support for its agreement with Netflix but will review Paramount’s proposal, which some analysts say could gain shareholder traction. A prolonged fight may lead to legal challenges, while questions around regulatory approval and deal synergies add further complexity to the streaming industry’s largest potential consolidation in years.

@daz999999999：$Netflix(NFLX)$ $Warner Bros. Discovery(WBD)$ Warner Bros. Discovery I am a prolific Tiger Trade Star Contributor. Warner Bros. Discovery being acquired by Netflix was the top news of the end of the week !!! Netflix struck a $72 billion deal to buy Warner Bros., beating out Paramount and Comcast -- and shocking Hollywood. The acquisition would combine the largest global streaming service with the company behind HBO Max, the Superman and Harry Potter movies and hit TV shows such as "Friends." Warner plans to split its cable networks off into a separate company before the deal closes. Like Netflix, Comcast was pursuing the studios and HBO Max business, while Paramount had sought to buy the entire company, including cable networks such as CNN, TNT and TBS. Paramount had argued that a deal with Netflix wouldn't be blessed by antitrust regulators. President Trump's advisers are concerned about the deal, The Wall Street Journal reported Friday. Warner Bros. Discovery shares gained 6.3% Friday.
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