Netflix updates Warner Bros bid to all-cash offer
Source: BBC
Netflix has updated its offer for Warner Bros Discovery's streaming and film business and will pay completely in cash - as it looks to fend off rival Paramount Skydance in pursuit of the Hollywood studio.The move amends the streaming giant's original offer, which would have funded the transaction using a mix of cash and shares.In a joint announcement, Netflix and Warner Bros said the change would provide more…
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