Warner Bros Acquisition Battle: The tussle between the two giant companies regarding the acquisition of Warner Bros has intensified. A few days ago, Netflix had made a bid of about $8300 crore, which was considered a big step. But now Paramount has changed the whole game by bidding an even higher amount. (business takeover)

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Paramount showed more interest

It is known that Paramount has submitted a bid of $10,840 crore. It covers not only studios and streaming services but also linear networks. However, this part was not included in the Netflix offer. (complete acquisition)

Paramount says that the deal put forward by them is more attractive than Netflix and may prove to be better in the future.

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Why did Paramount say – our deal is better

Paramount believes that regulatory approvals for the acquisition may take a long time and the outcome of this process is difficult to say with certainty. In such a situation, Paramount claims that their deal is more practical and stronger. (regulatory approval)

These things were discussed by Paramount Chairman and CEO David Allison in an interview, although he did not say anything openly on the funding source.

Jared Kushner’s entry is also interesting

Regulatory filings have revealed that former US President Donald Trump’s son-in-law Jared Kushner’s private equity firm Affinity Partners is also involved in the bid for Paramount. This part makes the discussions more high profile. (equity participation)

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Paramount released comparison table

Paramount has tried to prove its deal better by releasing a comparison table. It was reported that Paramount will buy 100% of Warner Bros. + Discovery.

Netflix focuses only on streaming and studio portion. Talking about cash consideration, Netflix is ​​offering $23.25 per share, while Paramount is offering $30 per share.

Paramount also ahead in total value (Warner Bros Acquisition Battle)

Even in the total offer value, Paramount’s share price is shown as only $30, whereas according to Netflix, the total value comes to around $28.75 per share. Netflix added $4.50 per share as its stock.

On the other hand, Paramount claims that their offer can get regulatory approval in about 12 months, whereas in the case of Netflix this timeline could be longer. (faster clearance)

In this whole fight, the ball is now in Warner Bros’ court as to which offer it should trust. Paramount is paying more money and wants complete control, while Netflix wants to increase streaming power. This match is going to become more interesting in the coming weeks.

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