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Exclusive: Netflix has financial firepower to sweeten Warner Bros bid if rivalry intensifies, sources say

Netflix (NASDAQ:NFLX) has significant cash reserves and retains the flexibility to raise its offer for Warner Bros Discovery (NASDAQ:WBD) should rival bidder Paramount Skydance improve its proposal, ...
The Hollywood Reporter

Warner Bros. Says Paramount’s New Offer Is “Superior.” Netflix Has Four Days to Respond

The WBD board determined that Paramount's revised offer of $31 per share bests Netflix's, but the streaming giant has a matching right. By Alex Weprin Senior Editor Warner Bros. Discovery‘s board of ...
Variety

Paramount Skydance Vows to ‘Engage Constructively’ With Warner Bros. Discovery Board After Making $31 a Share Bid

WBD acknowledges that Paramount's offer may prove 'superior' to existing Netflix deal, hiking pressure on Netflix to make a move to save its $83 billion transaction Per a press release issued by the ...
Variety

Warner Bros. Discovery Declares New Paramount Bid a ‘Superior Proposal’; Netflix Has Four Business Days to Match

In a statement Thursday, WBD said, “Following the conclusion of this period, if the Board determines in good faith, after consultation with its independent financial and legal advisors, that, after ...