Warner Bros. is reviewing a new offer from Paramount as the takeover fight heats up

Core Viewpoint - Warner Bros. Discovery is reviewing a new takeover offer from Paramount while continuing to recommend a competing proposal from Netflix to its shareholders [1] Group 1: Takeover Offers - Warner Bros. Discovery disclosed that it received a revised offer from Paramount after a seven-day window to renew talks elapsed [1] - Paramount confirmed the submission of its proposal, which is expected to be an increased offer [1] - Paramount's all-cash hostile offer is valued at $77.9 billion, providing Warner stakeholders with $30 per share, leading to an enterprise value of approximately $108 billion [1] Group 2: Competing Proposal from Netflix - Netflix's proposal aims to acquire Warner's studio and streaming business for $72 billion in cash, or about $83 billion including debt [1] - Warner's board has consistently supported the Netflix deal and reaffirmed that the agreement remains valid [1] - A shareholder vote on the Netflix proposal is scheduled for March 20 [1]