Paramount Sweetens Deal for Warner Bros. Takeover

I personally think that Netflix would be ideal...but I guess the situation isn't quite siezed yet....

Paramount Skydance has sweetened its takeover offer to the Warner Bros. Discovery Board by proposing $31 a share in cash plus a daily ticking fee of $0.25 per share for every quarter beyond October 1 that a deal is not consummated.

Also included in the offer is a $7 billion regulatory termination fee that Paramount would have to pay if the deal is squelched by regulatory roadblocks. Paramount had originally proposed $5.8 billion for this eventuality. Paramount would also have to pay a fee of $2.8 billion to terminate any deal with Netflix.

https://cinemadailyus.com/news/paramount-sweetens-deal-for-warner-bros-takeover/