Feb. 16 at 7:12 PM
$WBD board is reportedly reconsidering the Paramount Skydance offer after they sweetened the pot.
We’re talking a
$30/share all-cash floor vs. Netflix’s
$27.75 complex structure. With Paramount offering to cover the
$2.8B Netflix breakup fee AND adding a "ticking fee" of
$0.25/quarter if regulators delay—this is becoming a "no-brainer" for shareholders.
Is a counter-bid from
$NFLX coming? The bidding war 2.0 has officially begun. 🍿