Exclusive | Why Warner Bros. Discovery | Gossip Wire

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Exclusive | Why Warner Bros. Discovery…

Paramount Skydance has no quick plans to sweeten its $30-a-share, all-cash bid for Warner Bros. Discovery – instead persevering with to make its case to shareholders that its $78 billion offer is superior to the company’s current deal with streaming giant Netflix, The Post has realized.

Paramount Skydance’s homeowners David and Larry Ellison and their companions at RedBird Capital are anticipated to immediately inform shareholders that they are going to commit to finally overlaying the deal’s $2.8 billion breakup price — or about $1 share — preserving their all money bid if enough…

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