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Netflix cedes Warner Bros. Discovery to Paramount: “No longer financially attractive”
Netflix shares jumped following the announcement.
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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.
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arstechnica.com
Paramount increases its Warner Bros. Discovery bid by $1 per share
WBD's board is still reviewing the offer.
