Netflix given four days to match ‘superior’ Paramount offer for Warner Bros Discovery https://ift.tt/Rzx3qhy Jeremy Barr in Washington WBD board says $31-per-share offer constitutes ‘company superior proposal’, triggering Netflix’s window to respond Sign up for the Breaking News US email to get newsletter alerts in your inbox Netflix has been given four days to beat a sweetened offer by Paramount Skydance for the assets of Warner Bros Discovery in the latest twist in the battle for control of the media giant. In an announcement on Thursday afternoon, WBD said that its board had determined Paramount’s revised offer to be a “company superior proposal” compared with Netflix’s $82.7bn deal – triggering Netflix’s window to respond. Continue reading... https://ift.tt/eqtV1vN February 27, 2026 at 12:10AM

WBD board says $31-per-share offer constitutes ‘company superior proposal’, triggering Netflix’s window to respond

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Netflix has been given four days to beat a sweetened offer by Paramount Skydance for the assets of Warner Bros Discovery in the latest twist in the battle for control of the media giant.

In an announcement on Thursday afternoon, WBD said that its board had determined Paramount’s revised offer to be a “company superior proposal” compared with Netflix’s $82.7bn deal – triggering Netflix’s window to respond.

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from The Guardian https://ift.tt/Rzx3qhy