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Warner Bros. Discovery Acquisition: All-Cash Deal Update
Warner Bros. Discovery (WBD) has announced a significant update to its impending acquisition by Netflix, now structured entirely as an all-cash deal. This new arrangement simplifies the transaction, bolsters certainty of value for WBD shareholders, and speeds up the overall approval process. Under the revised agreement, the acquisition price remains firm at $27.75 per WBD share, matching...
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