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CNBC Daily Open: Netflix walks away from Warner Bros. Discovery bid
Netflix on Thursday stateside said it declined to raise a counteroffer for Warner Bros. Discovery's studio and streaming assets.
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cnbc.com
Warner Bros. Discovery says Paramount makes higher bid, board will weigh offer against Netflix deal
If WBD deems the new Paramount offer superior, Netflix will have four days to improve its previously agreed-upon bid.
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aljazeera.com
Warner Bros gets new offer from Paramount but still recommends Netflix bid
If Warner’s board changes course and deems Paramount’s latest offer superior, Netflix will be able to revise its bid.
