Netflix set to alter Warner Bros. Discovery proposal to a cash-only bid due to investor concerns, sources say
Netflix, facing a decline in stock value and investor doubts about its cash-and-stock proposal for Warner Bros. Discovery, is likely to proceed with an all-cash offer priced at $27.75 per share, according to On the Money. It’s uncertain if this approach, which still needs the streaming service’s board approval, will satisfy investors who had reservations […]