智通财经网·2026-01-14 01:32Group 1 - Netflix is adjusting the acquisition terms for Warner Bros. Discovery, exploring a cash-only purchase of its film studio and streaming business to expedite the deal [1] - The original agreement stipulated that Warner Bros. shareholders would receive $23.25 in cash and $4.50 in Netflix common stock, with a protective clause if Netflix's stock falls below $97.91 [1] - Since the acquisition proposal was initiated in October last year, Netflix's stock has dropped approximately 25% [1] Group 2 - Netflix has secured $59 billion in financing from multiple Wall Street banks, marking one of the largest bridge loans in history [1] - The company has refinanced about $25 billion of this debt through the issuance of long-term bonds [1] - Credit analyst Stephen Flynn noted that Netflix has the capacity for further financing without affecting its strong credit rating, maintaining a low net leverage ratio [1] Group 3 - Paramount's CEO David Ellison and Oracle co-founder Larry Ellison are backing a $40.4 billion offer for Warner Bros. stock and have taken legal action to obtain details on Netflix's transaction valuation [2] - Paramount plans to nominate board members to Warner Bros. to obstruct the acquisition deal [3] - Following the news of Netflix's adjusted acquisition plan, Warner Bros. stock rose by 1.62% to $28.86, while Netflix's stock increased by 1.02% to $90.32 [3]