BRIEF-Paramount Welcomes WBD Board's Determination, To Engage Constructively To Deliver Benefits Of Paramount's Proposal To WBD Shareholders

Reuters09:34
BRIEF-Paramount Welcomes WBD Board's Determination, To Engage Constructively To Deliver Benefits Of Paramount's Proposal To WBD Shareholders

Feb 24 (Reuters) - Netflix Inc NFLX.O:

  • PARAMOUNT COMMENTS ON WARNER BROS. DISCOVERY BOARD'S DETERMINATION THAT PARAMOUNT PROPOSAL COULD REASONABLY BE EXPECTED TO LEAD TO A SUPERIOR PROPOSAL

  • PARAMOUNT SKYDANCE CORP - INCREASED PURCHASE PRICE TO $31.00 PER WBD SHARE IN CASH FOR 100% OF COMPANY,

  • PARAMOUNT: WELCOMES WBD BOARD'S DETERMINATION, TO ENGAGE CONSTRUCTIVELY TO DELIVER BENEFITS OF PARAMOUNT'S PROPOSAL TO WBD SHAREHOLDERS

  • PARAMOUNT SKYDANCE CORP: REAFFIRMED IT WILL ELIMINATE WBD'S POTENTIAL $1.5 BILLION FINANCING COST ASSOCIATED WITH ITS DEBT EXCHANGE OFFER

Source text: ID:nPnB0r96a

Further company coverage: NFLX.O

((Reuters.Briefs@thomsonreuters.com;))

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