Paramount Skydance launched a hostile takeover bid for Warner Bros. Discovery Inc. at $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc. The offer values Warner Bros. at $108.4 billion, including debt, compared with Netflix’s offer of $27.75 in cash and stock. Both bids raise significant antitrust concerns, however, underscored by multibillion-dollar breakup fees the parties have offered, and both companies have been laying the groundwork to win over the White House. Both bidders are also likely to face an extended review by regulators all over the globe. Bloomberg’s Felix Gilette and Geetha Ranganathan joined Matt Miller and Carol Massar on ‘Bloomberg Businessweek Daily’ to break it down. (Source: Bloomberg)

Similar Posts

Loading similar posts...

Keyboard Shortcuts

Navigation
Next / previous item
j/k
Open post
oorEnter
Preview post
v
Post Actions
Love post
a
Like post
l
Dislike post
d
Undo reaction
u
Recommendations
Add interest / feed
Enter
Not interested
x
Go to
Home
gh
Interests
gi
Feeds
gf
Likes
gl
History
gy
Changelog
gc
Settings
gs
Browse
gb
Search
/
General
Show this help
?
Submit feedback
!
Close modal / unfocus
Esc

Press ? anytime to show this help