“Netflix (NFLX) Soars 13.7% After Dropping Warner Bros Bid”
April 7, 2026
“…In a statement, Netflix Inc. (NASDAQ:NFLX) said that it has declined to raise its offer to acquire Warner Bros after earlier receiving a notice that the latter’s board determined Paramount Skydance’s proposal to be superior…
…Netflix Inc. (NASDAQ:NFLX) earlier proposed to buy Warner Bros’ shares at $27.75 apiece, but Paramount Skydance topped the offer to $31 per share.
Looking ahead, Netflix Inc. (NASDAQ:NFLX) said that it would instead invest $20 billion in quality films and expand its entertainment offering…”
https://finance.yahoo.com/news/netflix-nflx-soars-13-7-122658587.html