Warner Bros. reopens takeover talks with Paramount
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Ted Sarandos isn’t hiding his frustration at the hurdle that emerged Tuesday in Netflix’s plan to acquire Warner Bros. and HBO Max through an $83 billion sale agreement reached in December. Sarandos told CNBC in an interview Tuesday that Paramount Skydance has spread falsehoods designed to destabilize the Netflix transaction.
What Happened in Markets Today Warner Bros. Discovery said Tuesday it will restart deal talks with Paramount. The move sets the stage for a potential bidding war with Warner’s preferred
Paramount Skydance stock rises after Warner Bros. Discovery says it will restart deal talks with the company.
Warner Bros. Discovery announced that Netflix has granted it a limited 7-day waiver to allow WBD to talk with Paramount Skydance about its offer.
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