Paramount sweetens Warner Bros bid with offer to pay Netflix break-up cost, other fees

By Harshita Mary Varghese and Aditya Soni Feb 10 (Reuters) - Paramount Skydance has enhanced its Warner Bros Discovery bid by offering shareholders extra cash for each quarter the deal fails to close after this year and agreeing to cover the breakup fee the HBO owner would owe Netflix if it walked away. Even though Paramount did not raise its per-share offer, the sweeteners mark the company's latest attempt to woo Warner Bros shareholders ‌in its prolonged battle with Netflix for control of some of the ...