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14.01.26 - 10:18
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Netflix ′plans to switch to all-cash offer to seal $83bn Warner Bros deal′ (The Guardian)
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Aim is to speed up acquisition of WBD studio and streaming businesses and hold off rival Paramount bidNetflix is reportedly preparing to switch to an all-cash offer to seal its takeover offer for the studios and streaming businesses of Warner Bros Discovery (WBD), as it tries to speed up the deal and fend off a rival hostile bid from Paramount Skydance.The changes to Netflix's $83bn (£62bn) offer, first reported by Bloomberg, are designed to accelerate the acquisition, which is expected to take months to conclude, and make it more palatable for WBD shareholders. Continue reading......
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13.01.26 - 22:36
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Netflix May Amend Warner Bros. Bid to Make It All Cash (Bloomberg)
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Netflix is working on revised terms for its Warner Bros. Discovery acquisition and has discussed making an all-cash offer for the company's studios and streaming businesses, people familiar with the discussions said. Chris Palmeri has more on "Bloomberg The Close." (Source: Bloomberg)...
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