Netflix refinances chunk of bridge loan
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Netflix Inc. refinanced part of a $59 billion bridge loan with cheaper and longer-term debt, bolstering the financial package underpinning its bid for Warner Bros. Discovery Inc.
One Warner Bros. Discovery shareholder is calling for Netflix to revise its bid to acquire WBD after Paramount Skydance clarified its all-cash offer. Mario Gabelli, the CEO of GAMCO Investors as well as a WBD shareholder,
Netflix Inc. has forged ahead of Paramount Skydance Corp. in bid for Warner Bros. Discovery Inc. Warner Bros. Discovery’s board of directors rejected
The visit came on the same day that WBD's board officially rejected Paramount Skydance's hostile bid for the company.