Paramount Ups Bid for Warner Bros. Discovery - Could Outweigh Netflix's Offer

Paramount Skydance increases its bid for Warner Bros. Discovery, offering $31 per share and covering the $7B regulatory fee. WBD says this could be a 'superior proposal' over Netflix's competing offer.
Paramount Skydance has increased its bid for Warner Bros. Discovery (WBD) from $30 per share to $31 per share, according to WBD's announcement today. This comes as Netflix has also made a competing offer for WBD's movie studios and streaming businesses.
WBD stated that Paramount's new, higher bid
Source: Ars Technica


