Netflix preparing all-cash offer for Warner Bros to fend off Paramount
Streaming service could convert terms for celebrated studio as Ellison-led rival appeals directly to shareholders
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Netflix switches to all-cash offer in battle for Warner Bros Discovery
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David Ellison is keeping his powder dry since WBD shareholders do not vote on rival Netflix deal until March at earliest
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Hollywood studio and streaming company open to new bid but there are doubts over Ellison family funding
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