Is This Dip Your Last Chance to Buy Netflix?
Netflix (NFLX) shook up the media and entertainment industry last year when it announced the acquisition of Warner Bros. Discovery’s (WBD) studio and streaming assets, intending to unite major content libraries like HBO with Netflix’s global platform. Recently, Netflix modified the deal to an all-cash transaction, offering roughly $27.75 per WBD share. However, the deal has now sparked a bidding war with other suitors like Paramount Skydance (PSKY) raising offers and triggering regulatory reviews and polit ...