Would Consider Revised Paramount Skydance Proposal: Nussbaum
Market Intelligence Analysis
AI-PoweredWarner Bros. Discovery is open to a revised takeover offer from Paramount Skydance, but values the certainty of Netflix's acquisition offer for Warner Bros. studio and streaming assets.
Market impact analysis based on neutral sentiment with 70% confidence.
Article Context
Warner Bros. Discovery would consider a revised and higher takeover offer from Paramount Skydance, Andrew Nussbaum, a Warner Bros. legal adviser and partner at Wachtell Lipton Rosen & Katz, said on Bloomberg Deals with Dani Burger. Nussbaum also mentions that Netflix’s agreement to buy the studio and streaming assets of Warner Bros. offers “speed and certainty” for shareholders. (Source: Bloomberg)
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