MarketPulse

Warner Bros. Discovery acquisition

2 articles
BenzingaBenzinga··Chris Katje

Trump Allegedly Promised Ellison Warner Bros Deal, Lawsuit Claims

Lawsuit alleges Trump promised Ellison Warner Bros deal. Paramount declared winning bidder; DOJ approval pending amid regulatory scrutiny.
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BenzingaBenzinga··Kaustubh Bagalkote

Netflix Pulls Warner Bros. Deal, Signals Hollywood Cost-Cutting Era

Netflix withdraws Warner Bros. Discovery bid, receives $2.8B breakup fee from Paramount. Stock slides 2.50% but carries Buy rating with $521.32 price target.
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