Feb. 21 at 4:39 PM
$NFLX
On Tuesday, Black wrote on X that he expects Netflix to "emerge as victor" in the contest.
However, he added that even in a scenario where Paramount succeeds in clinching the deal, Netflix shares could rebound toward the
$100, a level last seen on December 5.
On the same day, Netflix agreed to acquire the Warner Bros. studio assets and HBO Max from Warner Bros.
Discovery for
$27.75 per share, contingent on the company's planned spin-off of its cable networks.
https://finance.yahoo.com/news/gary-black-says-netflix-emerge-114605588.html