Paramount Boosts Bid for Warner Bros. Discovery to $31 Per Share, Could Lead to ‘Superior Proposal’ Over Netflix

The Warner Bros. Discovery board of directors announced Tuesday that a revised bid from Paramount Skydance of $31 per share could “reasonably be expected” to lead to a “company superior proposal” in its potential acquisition deal with Netflix. Per WBD, “The revised proposal includes an increased purchase price of $31.00 per WBD share in cash, plus […]