Dec. 5 at 3:52 PM
Netflix (
$NFLX) is set to acquire Warner Bros. from Warner Bros. Discovery (
$WBD) in a cash-and-stock deal valued at
$82.7B enterprise value (
$72B equity), uniting HBO/HBO Max and iconic franchises like DC and Harry Potter under Netflix and targeting
$2–3B in annual cost synergies post-close.
https://prismmarketview.com/netflix-to-acquire-warner-bros-in-transformational-82-7b-deal/