Warner Bros Acquisition Stalemate: Market Favors Netflix, But Paramount Refuses to Raise Bid and Extends Offer Deadline

Stock News01-22 11:10

Paramount Skydance Corp (PSKY.US) plans to extend the deadline for its hostile takeover bid for Warner Bros. Discovery (WBD.US) but will not increase its offer of $30 per share. The company will extend the tender offer deadline originally set for Wednesday, giving Warner Bros. Discovery shareholders more time to accept the proposal, although the exact duration of the extension remains unclear. Previously, Netflix (NFLX.US) disclosed an updated acquisition proposal on Tuesday, outlining a plan to acquire the core assets of Warner Bros. Discovery in an all-cash transaction valued at $27.75 per share. This offer also aims to capture the value associated with Warner Bros.' planned spinoff of its Discovery Global business. Under the initial agreement between the two parties, Warner Bros. shareholders were set to receive $23.25 in cash and $4.50 in Netflix common stock per share, protected by a clause that would trigger an adjustment mechanism if Netflix's stock price fell below $97.91. Since Netflix formally launched its acquisition attempt last October, its stock price has declined by approximately one-quarter. Prediction markets currently indicate that investors are more optimistic about Netflix's prospects in this bidding contest. Data from Kalshi shows the market implies a 69% probability of Netflix ultimately succeeding, compared to just a 17% chance of victory for Paramount.

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Data from Kalshi shows the market implies a 69% probability of Netflix ultimately succeeding, compared to just a 17% chance of victory for Paramount.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warner Bros Acquisition Stalemate: Market Favors Netflix, But Paramount Refuses to Raise Bid and Extends Offer Deadline</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarner Bros Acquisition Stalemate: Market Favors Netflix, But Paramount Refuses to Raise Bid and Extends Offer Deadline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-01-22 11:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Paramount Skydance Corp (PSKY.US) plans to extend the deadline for its hostile takeover bid for Warner Bros. Discovery (WBD.US) but will not increase its offer of $30 per share. The company will extend the tender offer deadline originally set for Wednesday, giving Warner Bros. Discovery shareholders more time to accept the proposal, although the exact duration of the extension remains unclear.\nPreviously, Netflix (NFLX.US) disclosed an updated acquisition proposal on Tuesday, outlining a plan to acquire the core assets of Warner Bros. Discovery in an all-cash transaction valued at $27.75 per share. This offer also aims to capture the value associated with Warner Bros.' planned spinoff of its Discovery Global business. Under the initial agreement between the two parties, Warner Bros. shareholders were set to receive $23.25 in cash and $4.50 in Netflix common stock per share, protected by a clause that would trigger an adjustment mechanism if Netflix's stock price fell below $97.91.\nSince Netflix formally launched its acquisition attempt last October, its stock price has declined by approximately one-quarter. Prediction markets currently indicate that investors are more optimistic about Netflix's prospects in this bidding contest. Data from Kalshi shows the market implies a 69% probability of Netflix ultimately succeeding, compared to just a 17% chance of victory for Paramount.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0256863811.USD","symbol_name":"ALLIANZ US EQUITY \"A\" INC","start_time":0,"source_url":"","article_id":"1140361250","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1140361250","pubTimestamp":1769051454,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Paramount Skydance Corp (PSKY.US) plans to extend the deadline for its hostile takeover bid for Warner Bros. Discovery (WBD.US) but will not increase its offer of $30 per share. 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