Warner Bros. Discovery: Paramount increased offer to $31 per share in cash

Hey, Melissa. Yeah. Uh, Paramount's made a big step towards its long-term goal here of acquiring Warner Brothers Discovery with the uh decision of the Warner Brothers board, which we learned about just a short time ago, uh, to determine that the new proposal from Paramount uh, could reasonably be expected to lead to a superior proposal.It's a big step for Paramount. Um and it puts them in what I would argue is sort of the lead position at this point uh in terms of again their um their goal of acquiring Warn ...