The agreement caps a bidding war after Netflix declined to match Paramount's latest $31-per-share offer, which was deemed superior by Warner Bros to the streaming pioneer's $27.75-per-share agreement for its assets. Paramount was in pursuit of Warner Bros since late last year when it launched a hostile campaign to wrestle the company from the streaming giant by consistently raising its offer.
from Tech-Economic Times https://ift.tt/PpmIvZ6
Subscribe to:
Post Comments (Atom)
-
AmpereHour Energy raised $5 million from Avaana Capital and UC Impower to expand manufacturing, R&D, and product development. The startu...
-
iCOPS will deliver a unified management experience across hybrid and multi-cloud operations with a focus on enhancing compliance and securit...
No comments:
Post a Comment