Paramount Skydance Just Raised its Bid for Warner Bros. -- Is the Netflix Deal Dead?

The battle between Paramount Skydance (NASDAQ: PSKY) and Netflix (NASDAQ: NFLX) continued recently, with Warner Bros. (NASDAQ: WBD) saying Paramount has raised its all-cash bid to buy the company by $1 to $31 per share. Furthermore, Paramount included a $7 billion termination fee if the acquisition is not approved by regulators. Paramount had already made its offer more attractive by agreeing to pay the $2.8 billion termination fee that Warner Bros. would owe Netflix if it walked away from the agreement i ...