Heres why Warner Bros. Discovery might have to…
Warner Bros. Discovery could have no alternative but to significantly contemplate the latest sweetened takeover offer by Paramount Skydance to scuttle its megadeal with Netflix — and it’s not because the offer is especially candy, On The Money has realized.
New phrases of Paramount’s $78 billion offer for WBD revealed on Tuesday embrace little more than protecting a $2.8 billion breakup price to stroll away from the Netflix settlement and a so-called “ticking fee” of 25 cents a share further if regulators delay approving the Paramount offer, paid every quarter after Dec. 31 that the deal…
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