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Netflix bows out of Warner Bros. auction, Paramount to claim the prize

Paramount Chief David Ellison, who began his pursuit of Warner Bros. last fall, said he was pleased Warner’s board “unanimously affirmed the superior value of our offer.”

Meg James, Ana Ceballos
Author: Meg James, Ana Ceballos

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Meg James, Ana Ceballos

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Warner Bros. board deems Paramount’s $31-per-share offer a superior deal, starting four-day countdown for Netflix response→

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