Netflix and WBD say Netflix revised its WBD offer to an all-cash deal for $27.75/share, with the same $82.7B value; its original bid had $59B in debt financing (Brian Stelter/CNN)
ThinkingNews Desk · how this was written
Netflix revised its bid for Warner Bros. Discovery to an all-cash offer of $27.75 per share, valuing the company at $82.7 billion. The change is intended to speed the acquisition and prevent a hostile takeover by Paramount. The all-cash proposal keeps the total value unchanged from the original bid.
Written from all 4 reports below, not from any single one.
How it was reported
- TechMeme·Netflix and WBD say Netflix revised its WBD offer to an all-cash deal for $27.75/share, with the same $82.7B value; its original bid had $59B in debt financing (Brian Stelter/CNN)
Netflix revised its offer for Warner Bros. Discovery to an all-cash deal at $27.75/share. The deal's total value remains $82.7B. Netflix's original bid included $59B in debt financing.
- The Verge·Netflix revises Warner Bros. bid to an all-cash offer
Netflix revised its Warner Bros. Discovery bid to an all-cash offer. The change aims to expedite the acquisition. Netflix co-CEO Ted Sarandos expressed confidence in the transaction.
- TechCrunch·Netflix revises offer to pay all cash for Warner Bros to stave off Paramount
Netflix revised its offer to pay all cash for Warner Bros. The deal values the company at $82.7 billion, with $27.75 per share for the movie studio and streaming assets.
- Ars Technica·Netflix to pay all cash for Warner Bros. to fend off Paramount hostile takeover
Netflix will pay all cash for Warner Bros. Discovery. The $72 billion deal aims to fend off Paramount's hostile takeover bid. The price remains $27.75 per share.