Netflix poised to change Warner Bros. Discovery…
Squeezed by a falling share price and investor angst over the stock portion of its bid for Warner Bros. Discovery, Netflix is all but sure to make its $27.75-a-share deal for the media conglomerate an-all money offer, On The Money has discovered.
It’s unclear if the transfer – which still has to be accepted by the streaming giant’s board – will mollify skittish buyers about its bid for WBD, which initially consisted of money and stock. Up until now, Ted Sarandos-helmed Netflix is said not to be ready to up its offer, and the deal still depends on the unsure worth of…
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