An Offer Warner Bros. Could Not Refuse – Merger Arbitrage Mondays
Warner Bros. Discovery, Inc. (WBD): $28.17
Market Cap: $69.86B
Deal Size: $110B
Paramount (PSKY) has finally achieved what it set out to do six months ago. It successfully entered into a merger agreement to acquire Warner Bros. Discovery in a deal valued at $110 billion, ending a months-long bidding war after Netflix (NFLX) decided to walk away from its de…
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