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Warner Bros Discovery Board Calls Paramount’s Proposal “Superior”, Gives Netflix Four Days To Up Its Bid
Warner Bros. Discovery’s board of directors is opening the door to a bidding war between Paramount and Netflix. The board has officially labeled Paramount’s latest $31-per-share offer a “company superior proposal.” While that does not mean that the board has withdrawn its recommendation of the pending Netflix offer to shareholders, it triggers a four-day period […]
26 Feb, 21:35 — 26 Feb, 21:35
