Netflix formally issues all-cash offer to Warner Bros. Discovery

Netflix has officially announced its acquisition of Warner Bros. and its studio and streaming assets.Netflix has officially sweetened its deal to acquire Warner Bros. Discovery. With Paramount going to great lengths to succeed in its takeover bid for Warner Bros. Discovery, issuing multiple all-cash offers, filing a lawsuit to compel WBD to disclose more information to its shareholders, and even arranging a proxy fight to install new board members, Read more...

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