Paramount Skydance launches bid for Warner Bros exceeding Netflix’s offer: at $30 per share, valuation is $108.4 billion against $82.7 billion
Bankinter | Paramount Skydance launches a takeover bid for Warner Bros at $30.0 per share. The payment would be made in cash and represents a premium of 139% based on the share price prior to the news of a possible purchase of the company. It therefore exceeds the offer from NETFLIX (£96.79; -3.44), which is offering £27.75 per share in a combination of cash and shares. Overall, Paramount’s offer values…
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