Trump says Netflix’s $82.7B Warner Bros. deal a problem
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Paramount and Netflix face similar antitrust hurdles in Warner Bros Discovery bids, expert says
Netflix and Paramount face similar antitrust challenges in their competing bids to acquire Warner Bros. Discovery, with regulators expected to scrutinize both deals.
Paramount has launched a hostile bid for the company that's home to Casablanca, Batman and CNN. Just Friday, Netflix and Warner Brothers executives were celebrating a deal they had struck.
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David Zaslav Could Become a Billionaire if Warner Bros. Sells to Either Netflix or Paramount
Warner Bros. Discovery CEO David Zaslav stands to become a billionaire if WBD completes a sale to either Netflix or Paramount SKydance.
A video shared online soon after Netflix announced it was acquiring Warner Bros. was edited so the Netflix logo would be on the iconic water tower.
In the corporate battle over parent company Warner Bros. Discovery, CNN's fate remains up for grabs. President Trump wants a say in what happens next.
Paramount sent a letter from CEO David Ellison addressed to Warner Bros. Discovery shareholders that 'clearly sets out why Paramount’s $30.00 per share all-cash offer to acquire all of WBD is superior to WBD’s transaction with Netflix.
The decision to inject himself is particularly extraordinary given the president’s own conflicts and interests, according to legal experts.
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