Feb 26 (Reuters) – Netflix said on Thursday it will not raise its offer for Warner Bros Discovery after the HBO Max owner’s board determined that Paramount Skydance’s latest proposal was a “Superior Proposal” to the streaming pioneer’s existing merger agreement. (Reporting by Jaspreet Singh in Bengaluru; Editing by Tasim Zahid)
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Netflix declines to raise offer for Warner Bros
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Feb 26 (Reuters) – Netflix said on Thursday it will not raise its offer for Warner Bros Discovery after the HBO Max owner’s board determined that Paramount Skydance’s latest proposal was a “Superior Proposal” to the streaming pioneer’s existing merger agreement.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Tasim Zahid)