Warner Bros. Says Paramount Proposed Higher Takeover Offer

Date:

CompaniesNetflix will have four days to revise its offer to purchase the legacy entertainment empire.The Paramount Global logo, in this illustration. Dado Ruvic/Illustration/ReutersAndrew Moran2/24/2026|Updated: 2/24/20260:00Warner Bros. Discovery said on Feb. 24 that Paramount Skydance proposed a higher takeover offer at the end of a seven-day waiver period from Netflix.The Warner Bros. (WBD) board will now review Paramount’s new bid and compare it to the terms of its existing arrangement with the streaming giant, the company said in a news release.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Samsung Heads South, Leaves New Jersey for Texas

The logo of the Samsung Electronics Co. at its...

Ford Recalls Nearly 420,000 Vehicles Over Inadvertent Seatbelt Lock Issue

The Ford logo on a car in Brussels on...

How Major US Stock Indexes Fared June 3

Oil prices rose following the latest threats to the...

California Man Arrested for Allegedly Supplying Technology for Irans Nuclear Program

Federal authorities are in the process of seizing this...