Netflix amends Warner Bros. deal to all cash in bidding war

The Warner Bros. studio in Burbank is shown. Netflix has amended its offer to buy the studio to all cash at $27.75 per share, countering Paramount's $30-per-share bid. (Myung J. Chun / Los Angeles Times) Netflix has amended its proposed $72-billion purchase of Warner Bros. and HBO, converting it to an all-cash offer in hopes of defusing criticisms from rival bidder, David Ellison's Paramount. Netflix and Warner Bros. Discovery approved the change Monday, according to a regulatory filing. Warner board mem ...