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Netflix exits bidding war for Warner Bros.

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 · 8h
Netflix Drops Warner Bros Bid, Shares Rally as Paramount Emerges Victorious
Netflix had a deal to buy Warner Bros. for $27.75 per share, but was topped this week by Paramount's $31-per-share cash bid. The deal covers all of Warner Bros.' businesses, including CNN, TBS, and TNT.

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 · 13h · on MSN
Netflix ditches deal for Warner Bros. Discovery after Paramount’s offer is deemed superior
 · 12h · on MSN
Netflix withdraws Warner Bros bid: 'No longer financially attractive'
 · 7h
The end of Hollywood or a brighter future? What a Paramount-owned Warner Bros. means for the movies
Two of Hollywood’s oldest studios may be consolidating into one.

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 · 10h
Paramount Skydance Wins Warner Bros; Netflix Walks Away And Its Shares Jump
 · 12h
Netflix follows Warren Buffett's playbook: Don't overpay, walk away
 · 5h
WBD and Paramount may have an easier time winning regulatory approval than Netflix
Paramount's raised offer — up from $30 per share — was the latest in a series of moves it made after it launched a hostile bid late last year to buy WBD.

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 · 8h
Netflix loses Warner Bros. bidding war. Here’s what pushed Paramount over the top
 · 23h
Netflix Walks With A Cool $2.8 Billion Breakup Fee: Who Gets What In New Paramount-WBD Merger Proposal
2h

Netflix Just Avoided a Huge Headache

The streamer saved more than money by giving up on Warner Bros. Discovery.
4h

Netflix Banks A Quick $2.8 Billion As Paramount Pays WBD Termination Fee; Streamer’s Shares Rise Another 14%

Things in media M&A land continue to move fast with Netflix revealing that it is $2.8 billion richer after receiving the funds from Paramount.
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