BREAKING: Warner Bros Discovery says that they are now evaluating Paramount’s new offer, which includes a $31 per share buyout and covers the $2.8B termination fee with Netflix.
Netflix does about $9B of net income per year. If the deal doesn’t go through, they just did 30% of their net income for the year with this termination fee…in a few months. $Warner Bros. Discovery(WBD.US) $Paramount Skydance Corporation - CL B(PSKY.US) $Netflix(NFLX.US)Source: amit
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