All articles tagged with #all cash
Netflix’s $83 billion Warner Bros. deal has shifted to an all-cash offer with an accelerated shareholder vote, placing new pressure on Paramount to respond. TheWrap reports Paramount CEO David Ellison is weighing counter-moves or a higher bid to thwart the cash-heavy deal as shareholders prepare to vote sooner than expected, signaling a tense, high-stakes moment in the media merger race.
Netflix and Warner Bros. Discovery amended their agreement to an all-cash deal worth about $82.7–$83 billion, with Netflix paying $27.75 per share. The revision speeds up the path to a stockholder vote (by April 2026), reduces Discovery Global’s net-debt burden, and keeps the planned spin-off on track, with closing expected 12–18 months after the deal was signed, all while rival bids from Paramount Skydance persist.
Netflix has switched its Warner Bros. Discovery bid to an all-cash offer at $27.75 per share, removing the stock component and excluding Discovery Global from the deal. The revised plan preserves Warner Bros.’ planned spin-off of Discovery Global and aims to accelerate a shareholder vote, potentially by April 2026, with the amended agreement unanimously approved by both boards and still subject to regulatory approval and closing conditions. Paramount remains a rival bidder option in the wider M&A context.