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Trump’s son-in-law Kushner joins Paramount’s ‘hostile’ offer to outbid Netflix
Trump’s son-in-law Kushner joins Paramount’s ‘hostile’ offer to outbid Netflix
US News37 min ago

Paramount has launched a strong all-cash offer to buy Warner Bros. Discovery (WBD). The move was announced on Monday and came right after Netflix won the previous bidding round with a $27.75 per share cash-and-stock deal. Paramount’s bid offers WBD shareholders $30 per share, which is significantly higher than Netflix’s, but how was that possible?