Paramount revises offer for Warner Bros with 25-cent ticking fee
Paramount Skydance Corporation Class B PSKY | 9.52 | +2.92% |
Warner Bros. Discovery, Inc. Series A WBD | 27.32 | -0.62% |
Feb 10 (Reuters) - Paramount PSKY.O said on Tuesday it has revised its $30 per share all-cash bid for Warner Bros Discovery WBD.O 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.
