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 for every quarter the transaction is not closed beyond December 31, 2026. This would equal to about $650 million in cash value each quarter. Paramount also said it will fund the $2.8 billion termination fee that Warner Bros owe Netflix if the deal falls through. Warner Bros Discovery and Netflix did not immediately respond to requests for comment. (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.)
Grade 11 students from Jayshree Periwal International School, Kanishk Rungta, and Krishaa Rungta, have developed…
Mumbai (Maharashtra) [India], March 30: The 45th edition of Chrysalis 2026, the annual graduation fashion…
Surat (Gujarat) [India], March 28: She is a young motivational speaker, TEDx speaker, author, and…
New Delhi [India], March 28: India’s diamond jewellery market is undergoing a significant transformation. Today’s…
Mission: Safer India, Better World. Bhiwadi (Rajasthan) [India], March 27: TheSafetyMaster, a prominent safety consultancy,…
AICTE-approved 12-month live online programme for working professionals seeking stronger business understanding, managerial confidence and…