Paramount Skydance sweetens WBD offer as it vies | Gossip Wire

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Paramount Skydance sweetens WBD offer as it vies…

Paramount Skydance on Tuesday despatched a sweetened model of its $30 per share all-cash offer to Warner Bros. Discovery’s board as its battle to topple Netflix’s acquisition deal heats up.

The revised offer consists of a $0.25 per share “ticking fee” for WBD shareholders for each quarter the $78 billion transaction has not closed past Dec. 31, 2026, as nicely as an settlement to pay the $2.8 billion breakup price to Netflix.

Paramount on Tuesday despatched a sweetened model of its $30 per share all-cash offer to Warner Bros. Discovery’s board. REUTERS

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