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Chronicles

The story behind the story

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Paramount agrees to acquire WBD, paying $31 per share in cash, giving WBD an enterprise value of $110B; Paramount paid a $2.8B breakup fee to Netflix

Netflix backed away from its $87.2 billion deal on Thursday. … The two companies formally unveiled the deal Friday after Netflix formally bowed …

The Hollywood Reporter Alex Weprin

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  • r/DC_Cinematic r on reddit
    It's a Deal: Paramount and Warner Bros. Discovery Unveil $111 Billion Megamerger