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The dramatic deal to acquire Warner Bros. Discovery looks like it may have a cliff-hanger ending after all.
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If WBD deems the new Paramount offer superior, Netflix will have four days to improve its previously agreed-upon bid.
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Warner Bros. Board Warms to Paramount's Sweetened Bid, New Details Are Revealed The Hollywood ReporterWarner Bros. Discovery says Paramount raised its bid to $31 per share CNBCParamount has raised its takeover offer to $31 per share, Warner Bros. says PBSWBD Says Paramount Sweeter Offer Might Lead To Better Deal Than Netflix Deadline
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Paramount Skydance CEO David Ellison will have to put all his chips in by a midnight Monday deadline if he wants to pry Warner Bros. Discovery from Netflix's hands.
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