Warner Bros reopens takeover talks with Paramount after receiving a waiver from Netflix
NEW YORK (AP) — Warner Bros. will reopen takeover talks with Paramount Skydance after receiving a seven-day waiver to do so from its preferred bidder, Netflix. Warner Bros. said in a regulatory filing Tuesday that the waiver will allow it to discuss unresolved “deficiencies” in Paramount's previous offers. Warner Bros. Discovery now has until Monday to negotiate a possible transaction with Paramount Skydance. “While we are confident that our transaction provides superior value and we a...
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