best and final offer

2 articles
Investing.comInvesting.com··Leo Miller

Warner Bros. Gives Paramount Skydance Week to Improve Acquisition Bid

Warner Bros. gave Paramount and Skydance one week to submit an improved acquisition bid after the initial $30/share offer was rejected. Netflix retains the right to match any revised proposal.
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BenzingaBenzinga··Namrata Sen

Warner Bros. Sets Final Deadline for Paramount Skydance Offer After Rejecting $31 Bid

Warner Bros. rejected Paramount's $31/share bid, setting February 23 deadline for Skydance's final offer. Company prefers Netflix deal at $27.75/share with matching rights.
NFLXWBDmergerM&A