Categories: Entertainment

Paramount revises offer for Warner Bros with 25-cent ticking fee

Published by
TDG Syndication

Feb 10 (Reuters) – Paramount said on Tuesday it has revised its $30 per share all-cash bid for Warner Bros Discovery with a 25 cents per share ticking fee – equivalent to about $650 million cash value each quarter – for every quarter the transaction is not closed beyond December 31, 2026. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Arun Koyyur)

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TDG Syndication
Published by TDG Syndication