Netflix Faces Scrutiny Over Warner Bros Discovery Asset Acquisition
Deep News
Jan 27
Netflix (NFLX) traded largely flat in early Monday trading. The company is defending the feasibility of its all-cash $83 billion acquisition of assets from Warner Bros. Discovery (WBD). Politicians have raised competition concerns, pointing to the lingering competitive bid from Paramount Skydance (PSKY). Paramount Skydance saw a slight decline in early Monday trading.
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