Categories: Entertainment

Paramount revises offer for Warner Bros with 25-cent ticking fee

Feb 10 (Reuters) – Paramount said on Tuesday it has revised its $30 per share all-cash bid for Warner Bros Discovery with a 25 cents per share ticking fee – equivalent to about $650 million cash value each quarter – for every quarter the transaction is not closed beyond December 31, 2026. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Arun Koyyur)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

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