Netflix Switches To All-Cash Bid For Warner Bros. ...Middle East

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Netflix Switches To All-Cash Bid For Warner Bros.
Netflix has switched its agreement for Warner Bros. Discovery to an all-cash deal. The new transaction values Warners at $27.75 per share and removes the $4.50 Netflix stock element, which was part of the agreement that beat out Paramount. As previously announced, Discovery Global is not included. Both Netflix and Warner Bros. Discovery (WBD) said […]

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