5 days ago
9
Paramount has launched a £108.4bn hostile bid for Warner Bros, challenging Netflix, which had reached a $72bn takeover woody with the company.
Paramount said connected Monday that it was going consecutive to Warner Bros shareholders with a $30 per stock successful currency connection for the entirety of the company, including its Global Networks segment, asking them to cull the woody with Netflix.
On Friday Netflix struck a woody to bargain Warner Bros. Discovery, the Hollywood elephantine down "Harry Potter" and HBO Max
The currency and banal woody is valued astatine $27.75 per Warner share, giving it a full endeavor worth of $82.7 billion, including debt.
This breaking quality communicative is being updated and much details volition beryllium published shortly.
Please refresh the leafage for the latest version.
You tin person breaking quality alerts connected a smartphone oregon tablet via the Sky News app. You tin besides follow america connected WhatsApp and subscribe to our YouTube channel to support up with the latest news.
English (US) ·