Games Industry
Published
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The Warner Bros. acquisition: a timeline of events so far
Warner Bros. Discovery (WBD) has been the subject of a bidding war between Paramount Skydance (PSKY) and Netflix, with PSKY ultimately acquiring the company for $31 per share in an all-cash deal. The acquisition process involved multiple revised offers, legal challenges, and negotiations, with WBD's board eventually deeming PSKY's proposal superior to Netflix's. The deal includes WBD's film studio, streaming businesses, and games division, but excludes its Global Networks.
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