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Warner Bros Discovery Receives Mostly Cash Offer from Netflix: Rumor
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Warner Bros Discovery (WBD.US) has received a second round of bids, including a mostly cash acquisition proposal from Netflix (NFLX.US), Reuters reported, citing sources. The bidding process is expected to conclude in the coming days or weeks. It is understood that Paramount Skydance (PSKY.US), Comcast (CMCSA.US), and Netflix revised their proposals over the past weekend for acquiring all or part of Warner Bros' assets. These offers are binding, and the board can quickly approve the transaction should terms be agreed upon. AAStocks Financial News |
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