Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Exclusive: Paramount expected to easily secure EU nod for Warner Bros deal, sources say February 27, 20266:44 PM UTCUpdated ago By Foo Yun Chee The Paramount logo is shown on a structure at the Paramount studio lot in Hollywood, Los Angeles, California, U.S., February 26, 2026. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab BRUSSELS, Feb 27 (Reuters) - Paramount Skydance (PSKY.O), ...

Core Viewpoint - The bidding war for Warner Bros Discovery has concluded, with Netflix exiting the contest and Paramount winning the acquisition, leading to significant stock price increases for both companies [1]. Group 1: Company Actions - Netflix shares rose over 9% in premarket trading after announcing its withdrawal from the Warner Bros bidding war, citing that the required price exceeded financially sound limits [1]. - Paramount's stock increased by approximately 10% following its successful bid for Warner Bros, which included a revised offer of $31 per share, surpassing Netflix's $27.75 offer [1]. - Paramount Skydance, backed by billionaire Larry Ellison, enhanced its bid and financing commitments, including a termination fee of $7 billion and $45.7 billion in equity [1]. Group 2: Market Reactions - The market reacted positively to the conclusion of the bidding war, with analysts suggesting that the outcome is perceived as a win for both Netflix and Paramount [1]. - Warner Bros shares experienced a slight decline, reflecting the competitive dynamics of the acquisition process [1]. Group 3: Regulatory Considerations - The potential merger between Paramount and Warner Bros is expected to face significant antitrust scrutiny in the U.S. and Europe, with ongoing investigations in California [1]. - Analysts believe that Paramount's relationship with the current presidential administration may mitigate regulatory concerns, referencing a precedent set by the Disney-Fox merger [1].

Group 1 - Netflix has decided not to increase its offer for Warner Bros Discovery after the latter's board deemed Paramount Skydance's latest proposal as a "Superior Proposal" [1] - The decision comes amid ongoing competition in the streaming industry, highlighting the challenges Netflix faces in securing mergers and acquisitions [1] - Warner Bros Discovery's board's assessment indicates a shift in the competitive landscape, potentially impacting Netflix's strategic positioning [1] Group 2 - The news reflects broader trends in the media and entertainment sector, where companies are actively seeking advantageous merger agreements to enhance their market presence [1] - The situation underscores the importance of strategic evaluations in corporate mergers, as companies weigh offers against competitive proposals [1] - This development may influence investor sentiment regarding Netflix's growth strategy and its ability to adapt to changing market dynamics [1]

Brinks to acquire NCR Atleos in $6.6 billion deal | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Feb 26 (Reuters) - Brinks Co [(BCO.N), opens new tab] will acquire NCR Atleos in a cash-and-stock deal valued at about $6.6 billion, the digital retail solutions provider said on Thursday.Brink's will acquire each outstanding share of NCR Atleos for $30.00 in cash and 0.1574 shares of its common stock.Sign up [here.]The deal has been a ...

Skip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivWarner Bros says Paramount bid superior, countdown begins for Netflix responseFebruary 26, 20269:22 PM UTCUpdated agoBy ReutersItem 1 of 2 The Paramount logo is shown on a structure at the Paramount studio lot in Hollywood, Los Angeles, California, U.S., February 26, 2026. REUTERS/Mike Blake[1/2]The Paramount logo is shown on a structure at the Paramount studio lot in Hollywood, Los Angeles, Cal ...

By Dawn Chmielewski Feb 26 (Reuters) - Warner Bros Discovery heaped an additional burden on Netflix's $82.7 billion bid for the movie studio and HBO. The entertainment company behind the buzzy series "Heated Rivalry" and the film "Wuthering Heights" reported fourth-quarter earnings Thursday that showed profit at ‌its cable channels is deteriorating at a fast pace. The networks, which include CNN, the Discovery Network and TNT, are not part ‌of Netflix’s deal. But their worth as a separately traded comp ...

Feb 25 (Reuters) - Paramount Skydance (PSKY.O), opens new tab forecast first-quarter revenue below Wall Street estimates on Wednesday, as pay-TV subscriber losses continued to weigh on its legacy TV business. Shares of the company were down 1.6% in after-hours trading. Read about innovative ideas and the people working on solutions to global crises with the Reuters Beacon newsletter. Sign up here. Paramount has launched a hostile bid to buy Warner Bros Discovery, vying for control of Warner Bros' film and t ...

By Dawn Chmielewski Feb 24 (Reuters) - Warner Bros Discovery opened the door on Tuesday to Paramount Skydance after the rival bidder raised its offer to $31 per share. The intense bidding war for the studio behind Batman and Harry Potter has reached a fever pitch, with the board signaling that Netflix may lose ‌its place as the preferred suitor. Paramount enticed Warner's board back to the bargaining table last week by raising the possibility of an improved cash offer ‌for Warner shareholders. In its ...

Warner Bros weighing revised bid from Paramount as bidding war escalates | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The Paramount water tower is shown on the Paramount studio lot in Hollywood, Los Angeles, California, U.S., January 13, 2026. REUTERS/Mike Blake/File Photo [Purchase Licensing Rights, opens new tab]- Companies[Netflix Inc]Follow[Oracle Corp]Follow[Paramount Skydance Corp]FollowShow more companiesFeb 24 (Reuters) ...

Wall Street regulator allows intraday trading of tokenized WisdomTree money market fund | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A screen displays the logo for WisdomTree following its debut on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2022. REUTERS/Brendan McDermid [Purchase Licensing Rights, opens new tab]- Companies[Wisdomtree Inc]FollowWASHINGTON, Feb 23 (Reuters) - The U.S. Secu ...