Netflix Walks Away! Paramount in Lead to Scoop up Warner Bros. Discovery
From Cheddar. Netflix has declined to raise its offer for Warner Bros. Discovery after the company’s board determined that a revised bid from Paramount Skydance is a “superior proposal,” triggering a contractual window for Netflix to respond but ultimately prompting the streaming giant to bow out. Paramount’s all-cash offer of $31 per share plus protections…



























































