Brian Stelter / CNN:

Netflix revises its WBD offer to an all-cash deal for $27.75 per share, with the same $82.7B enterprise value; its original bid had $59B in debt financing  —  In an ongoing struggle over the future of Warner Bros. Discovery, Netflix says it is now prepared to pay all cash for Warner Bros. and HBO, rather than a mix of cash and stock.

Brian Stelter / CNN:

Netflix revises its WBD offer to an all-cash deal for $27.75 per share, with the same $82.7B enterprise value; its original bid had $59B in debt financing  —  In an ongoing struggle over the future of Warner Bros. Discovery, Netflix says it is now prepared to pay all cash for Warner Bros. and HBO, rather than a mix of cash and stock.

Source: TechMeme
Source Link: http://www.techmeme.com/260120/p13#a260120p13