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Warner Bros gets a higher offer from Paramount in heated fight for the storied Hollywood studio

NEW YORK (AP) — Warner Bros. Discovery said that Paramount has raised the price of its takeover offer to $31 per share, in addition to other revisions. That's a $1 per share increase from Paramount's previous offer, which stood at $30 per share since December — when the Skydance owned company launched its hostile bid to challenge a studio and streaming deal Warner had reached with Netflix. Beyond upping its proposed purchase price, Warner said Tuesday afternoon that Paramount had increased...

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