News Brief: English
Summary
Netflix has revised its offer to acquire Warner Bros. Discovery’s key assets to an all-cash deal of $27.75 per share, aiming to accelerate the shareholder vote and counter a hostile bid from Paramount Skydance.
Key Points
- Revised Offer: Netflix changed its bid from cash-and-stock to an all-cash offer of $27.75 per WBD share for HBO Max and Warner Bros. studio.
- Strategic Move: The change aims for a faster shareholder vote (potentially by late February/early March) and provides financial certainty amid Paramount’s hostile takeover attempt.
- Board Support: WBD’s board unanimously supports the Netflix deal and has twice recommended shareholders reject Paramount’s bid.
- Asset Separation: If approved, WBD’s cable networks (e.g., CNN, TNT) would be spun off into a new public company called Discovery Global before the deal closes.
- Ongoing Battle: Paramount is pursuing a proxy fight and has sued for information in its attempt to acquire all of WBD.
- Earnings Watch: Netflix reports quarterly earnings, with investors seeking updates on the acquisition process.
新闻简报：中文
摘要
Netflix将其对华纳兄弟探索公司核心资产的收购要约修改为全现金交易，每股27.75美元，旨在加速股东投票进程，并应对派拉蒙Skydance的恶意收购竞争。
关键要点
- 修改报价：Netflix将收购要约从现金加股权改为全现金，以每股27.75美元收购HBO Max和华纳兄弟影业。
- 战略举措：此举旨在加快股东投票（可能提前至2月底或3月初），并在派拉蒙恶意收购的背景下提供财务确定性。
- 董事会支持：华纳兄弟探索公司董事会一致支持与Netflix的交易，并已两次建议股东拒绝派拉蒙的收购要约。
- 资产拆分：交易若获批，华纳的有线电视网络（如CNN、TNT）将在交易完成前被分拆为一家名为Discovery Global的新上市公司。
- 收购战持续：派拉蒙正在发起代理权争夺战，并已提起诉讼以获取信息，试图收购整个华纳兄弟探索公司。
- 财报关注：Netflix即将发布季度财报，投资者将密切关注此次收购的进展。
Original Article Link: https://www.cnbc.com/2026/01/20/netflix-warner-bros-discovery-offer-all-cash.html