Nov. 29 at 7:08 PM
$PSKY $WBD $NFLX $CMCSA this is what we are to believe, both Netflix and Comcast submitted bids on 11/20, 9 days later absolutely ZERO DETAILS about was was offered, then yesterday this gets dropped:
“Sources told the New York Post he (Comcast) is considering a bid that could reach
$27 to
$28 per share for Warner Bros. Discovery's studio and streaming assets — a premium over Paramount Skydance Corp’s (NASDAQ:PSKY) roughly
$25 per share,
$60 billion offer for the entire company.
That would also likely top Netflix Inc's (NASDAQ:NFLX) first-round proposal for the same assets”.
Again , somehow, Ellison’s offer is revealed, yet nothing about the other 2. To me this article was dropped to bluff Ellison into increasing his bid, nothing more, and considering Ellison’s total silence on the matter, pretty sure he’s caught on. Remember, before Ellison, WBD wasn’t on ANYONE’s radar, it was languishing at
$10 a share, so what makes you think Comcast and Netflix are now actually interested?
