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Netflix Shares Jump After Pulling Out Of Warner Bros. Discovery Bidding War

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February 27, 2026

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Netflix’s shares rallied on Friday after the streamer pulled from a contentious, months-long bidding war to acquire Warner Bros. Discovery, as Paramount Skydance also saw a bump after its rival said its bid was the superior offer.

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Netflix Shares Jump After Pulling Out Of Warner Bros. Discovery Bidding War · Forbes · Sentinel