Netflix revises Warner Bros. bid to an all-cash offer

Source: The Verge

Netflix shifts Warner Bros. Discovery offer to all‑cash deal

Netflix has updated the acquisition terms for its Warner Bros. Discovery offer to an all‑cash deal, replacing its initial $82.7 billion cash‑and‑stock agreement. The changes are designed to expedite the sale of WBD studios and streaming businesses, following repeated attempts by rival bidder Paramount Global.