Warner Bros Discovery said Paramount’s revised $31-a-share offer was superior to its existing deal with Netflix, giving the streaming giant four business days to respond or walk away from the bidding war for the coveted Hollywood studio.
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As per the terms of the Netflix merger agreement, the latest announcement initiates a four-business-day period during which Netflix may propose revisions to the agreement, Warner Bros said.
After this period, if the board determines tha… [2487 chars]
Source: Reuters | Published: 2026-02-26T21:22:38Z
Credit: Reuters
