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Dow hits 50,000, Nvidia soars as traders focus on AI spending
The DOJ is reviewing whether Netflix used anti-competitive tactics in its proposed $82.7B bid for Warner Bros Discovery.
Paramount extends deadline on hostile Warner Bros bid to February 20
Paramount Skydance extends its Warner Bros Discovery tender offer as investors weigh a rival all-cash bid from Netflix.
Netflix makes all-cash bid for Warner Bros assets
LOS ANGELES, Jan 20 (Reuters) – Netflix has switched to an all-cash offer for Warner Bros Discovery’s studio and streaming assets without increasing the $82.7 billion price in a bid to shut the door on Paramount‘s rival efforts to snag the Hollywood giant. The new all-cash bid – at $27.75 a share – has unanimous […]
Paramount Skydance sues Warner Bros for details on Netflix deal
Jan 12 (Reuters) – Paramount Skydance on Monday sued Warner Bros Discovery for more information on a rival $82.7 billion deal with Netflix, escalating a battle to take control of one of the most storied Hollywood studios. The David Ellison-led company also said it plans to nominate directors to Warner Bros Discovery’s board, in one […]
Less than zero: Paramount reaffirms Warner Bros offer, dumps on cable spinoff
Paramount reaffirms its acquisition offer for Warner Bros and rejects a planned cable spinoff as strategic focus shifts.
