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Netflix revises Warner Bros. bid to an all-cash offer

Netflix revises Warner Bros. bid to an all-cash offerNetflix has updated the acquisition terms for its Warner Bros. Discovery offer to an all-cash deal, replacing its initial $82.7 billion cash and stock agreement. The changes are designed to expedite the sale of WBD studios and streaming businesses, following repeated attempts by rival bidder Paramount to pressure shareholders into accepting its own $108 billion

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