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Why Netflix Won the Bidding war for Warner Bros. Discovery
Posted
February 4, 2026
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7:58Now PlayingWarner Bros. Discovery would consider a revised and higher takeover offer from Paramount Skydance, Andrew Nussbaum, a Warner Bros. legal adviser and partner at Wachtell Lipton Rosen & Katz, said on Bloomberg Deals with Dani Burger. Nussbaum also mentions that Netflix’s agreement to buy the studio and streaming assets of Warner Bros. offers “speed and certainty” for shareholders.
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