Warner Bros says revised proposal from Paramount could be considered superior
Tweet
Share
E-mail
FILE PHOTO: The Paramount water tower is shown on the Paramount studio lot in Hollywood, Los Angeles, California, U.S., January 13, 2026. REUTERS/Mike Blake/File Photo
Feb 24 (Reuters) - Warner Bros Discovery said on Tuesday it had determined that the revised proposal from Paramount Skydance could reasonably be considered a superior proposal.
The revised proposal includes an increased purchase price of $31.00 per WBD share in cash, plus a daily ticking fee equal to $0.25 per quarter beginning after September 30.
(Reporting by Manya Saini in Bengaluru; Editing by Alan Barona)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US to finalize sharply lower vehicle fuel economy standards
- Hundreds of thousands in Paris cheer Pope Leo in largest event of French tour
- At UN, Russia and Germany's top diplomats hold first talks since 2022
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
