Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid

Warner’s management has rebuffed Paramount’s overtures once more and urged shareholders to again the sale of its streaming and studio enterprise to Netflix for $72 billion. Warner expressed considerations that the Paramount bid would primarily be a leveraged buyout, which incorporates lots of debt. A merger with both firm might take over a 12 months to shut — and can entice large antitrust scrutiny alongside the way in which. FRANCE 24’s Yuka Royer takes a glance.



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