Netflix, Warner and Paramount
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Warner Bros. Discovery (NASDAQ:WBD) on Tuesday rejected the latest hostile takeover bid from Paramount Skydance (NASDAQ:PSKY), giving the David Ellison-led company until February 23 to submit its "best and final offer.
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Exclusive-Netflix has ample room to increase its offer in battle for Warner Bros, sources say
By Amy-Jo Crowley and Milana Vinn Feb 19 (Reuters) - Netflix has ample cash and could bump up its offer for HBO Max owner Warner Bros Discovery if competing bidder Paramount Skydance increases its own offer,