2026년 2월 23일 · Unknown · financial · 출처 Yahoo Finance
This article first appeared on GuruFocus.
Netflix (NFLX, Financials) has enough cash to increase its bid for Warner Bros. Discovery if rival bidder Paramount Skydance submits a higher offer, Reuters reported, citing two sources familiar with the matter.
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Warner Bros. Discovery has agreed to engage with Paramount on a best and final proposal. Paramount's latest approach reportedly included additional incentives, such as a ticking fee of up to $650 million per quarter after 2026 if regulatory approvals are delayed, and a commitment to fund the $2.8 billion termination fee owed to Netflix if the agreement is withdrawn.
Netflix previously offered $27.75 per share, valuing Warner Bros.' studio and streaming businesses at about $82.7 billion. Paramount has signaled a willingness to pay more than $31 per share for the entire company, though it has not disclosed a final figure.
Under the merger agreement, Netflix retains the right to match a superior proposal. Warner Bros. has scheduled a special shareholder meeting for March 20 to vote on the Netflix transaction.
Investors will watch whether Paramount submits a revised bid before the deadline and whether Netflix responds, as the takeover contest enters a decisive phase.
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