Paramount Skydance sweetens bid for Warner Bros Discovery

WBD board says it is assessing revised offer as Paramount seeks to trump agreed offer by Netflix Warner Bros Discovery (WBD) has said it is reviewing a sweetened takeover bid from Paramount Skydance but did not reveal details of what its board had asked to be Paramount’s “best and final offer” to attempt to derail Netflix.Last week, WBD, which has so far stuck to its binding agreement with Netflix, had given Paramount seven days to table its final offer to best the $82.7bn deal with the streaming company. Continue reading...