Paramount Skydance Sweetens $108B Bid for Warner Bros.
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Paramount Skydance has made a $108 billion bid for Warner Bros, which some reports describe as hostile. The bid has been sweetened with additional offers, including a "ticking fee" and an offer to pay Netflix break-up costs, but Warner Bros is reportedly favoring a merger with Netflix. The outcome of the bid is uncertain, with some sources indicating Warner Bros is likely to reject Paramount's offer, while others suggest takeover talks with Paramount have been reopened.
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