US EditionWarner Bros Weighs Reopening Paramount Talks
- Following Paramount's sweetened proposal, the Warner Bros. Discovery board is weighing reopening negotiations after a longer period of consideration, and this is the first time it has assessed whether Paramount's bid could prompt Netflix to offer better terms.
- Paramount launched a hostile $30-per-share all-cash bid in December and last week added a 25-cent ticking fee for regulatory delays.
- Shareholders would receive coverage of Netflix's $2.8 billion termination fee, and Paramount would eliminate $1.5 billion in possible refinancing costs.
- Warner Bros. agreed in December to sell its film studio and HBO Max to Netflix for $27.75 per share, and both Paramount and Netflix said they would be willing to raise bids.
- A ticking fee would be $650 million per quarter for every quarter the deal has not closed by Dec. 31, 2026, while the Warner Bros. logo at Warner Bros. Studio, Burbank, California underscores the studio's stakes.
75 Articles
75 Articles
A bidder fight is raging around the media giant. After Warner had recently preferred Netflix as a buyer, members of the Warner Board of Directors are now supposed to have advised about the improved offer of Paramount.
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diarioestrategia.clWarner Bros. Discovery (WBD) would be considering reopening negotiations on a potential sale to...
The Warner Bros Administrative Council. Discovery would resume negotiations with Paramount Skydance on the basis of the revised terms of the Paramount offer of the entire company, which signed a sale agreement in December of 83...
A new battle is taking place between Netflix and Paramount for the acquisition of the giant Warner Bros Discovery. ...
Warner Bros. Discovery (WBD) would be considering reopening negotiations on a potential sale to Paramount Skydance (PSKY) after receiving a last modified offer from its rival last week that could lead the HBO Max owner to consider breaking the merger agreement reached with Netflix. According to sources familiar with the situation consulted by Bloomberg, some members of the WBD board of directors would be discussing whether Paramount could offer …
Who gets Warner? The management wants Netflix as a buyer. But shareholders are now putting pressure on Paramount to give preference. That would be politically explosive, because the Paramount owners are considered Trump-close and also want the news channel CNN.
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