Paramount sweetens WBD offer as it vies to topple Netflix deal

Paramount Skydance on Tuesday sent a sweetened version of its $30 per share all-cash offer to Warner Bros. Discovery’s board as its battle to topple Netflix’s acquisition deal heats up.The revised offer includes a $0.25 per share “ticking fee” for WBD shareholders for each quarter the $78 billion transaction has not closed beyond Dec. 31, 2026, as well as an agreement to pay the $2.8 billion breakup fee to Netflix.Paramount on Tuesday sent a sweetened version of its $30 per share all-cash offer to Warner Br ...