Netflix poised to change Warner Bros. Discovery bid to all-cash offer amid investor angst: sources

Squeezed by a falling share price and investor angst over the stock portion of its bid for Warner Bros. Discovery, Netflix is all but certain to make its $27.75-a-share deal for the media conglomerate an-all cash offer, On The Money has learned.It’s unclear if the move – which still has to be approved by the streaming giant’s board – will mollify skittish investors about its bid for WBD, which initially consisted of cash and stock. Up till now, Ted Sarandos-helmed Netflix is said not to be prepared to up it ...