Jan. 19 at 8:02 PM
$PSKY $WBD $NFLX $ORCL the reason Ellison hasn’t increased his bid for WBD is very clear now!!! Netflix cannot change its terms to 100% cash UNLESS Paramount changes its offer first . Remember Zaslav claimed Netflix had a superior offer, but with the collapse of Netflix’s stock the total amount WBD shareholders is down to
$27.39 and counting, this would then value the cable channels
$23.5 billion including debt, that is beyond insane!!! Basically, Ellison has Netflix and WBD by the balls and is holding tight…his
$30 offer vs…a Netflix offer that keeps shrinking ….tomorrow as 🍊 man sinks the market, Netflix reports its ER!! Good luck!!!