Warner Bros. Discovery gets mostly cash offer from…
Warner Bros. Discovery has obtained a second spherical of bids, including a mostly cash offer from Netflix, in an public sale that may conclude in the approaching days or weeks, a source acquainted with the matter told GWN on Monday.
Bankers for Paramount Skydance, Comcast and Netflix labored over the weekend on improved gives for all or half of Warner Bros., the source said.
The bids are binding, giving the board scope to approve a deal shortly if phrases are met, though they haven’t been described as closing, the individual said.
Netflix submitted a mostly cash offer for…
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