Here’s why Warner Bros. Discovery might have to take a closer look at Paramount’s ‘unsweet’ bid
Entertainment
Warner Bros. Discovery may have no choice but to seriously consider the latest sweetened takeover offer by Paramount Skydance to scuttle its megadeal with Netflix — and it’s not because the offer is particularly sweet, On The Money has learned. New terms of Paramount’s $78 billion offer for WBD revealed on Tuesday include little more than covering a $2.8 billion breakup fee to walk away from the Netflix agreement and a so-called “ticking fee” of 25 cents a share extra if regulators delay
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