Why A Potential Warner Bros Merger Is So Messy

Netflix and Paramount are locked in a bidding war for Warner Bros — but the stock market is already picking a winner. Since the merger talks began, Warner Bros’ stock has surged while both bidders – Netflix and Paramount — have taken a hit. As its shares fell, Netflix abandoned its stock offer and switched to an all-cash deal worth nearly $83 billion. Paramount has offered more money and even offered to cover any break-up fees Warner Brothers would incur for cutting ties with Netflix. Subscribe to The Hustle: 🔗 https://clickhubspot.com/vu3l Get the 5-minute newsletter keeping 2M+ innovators in the loop 🔗 https://clickhubspot.com/3kln About HubSpot: HubSpot is a customer platform that provides education, software, and support to help businesses grow better. The platform includes marketing, sales, service, commerce, operations, and website management products that start free and scale to meet our customers’ needs at any stage of growth. Today, thousands of customers around the world use HubSpot’s powerful and easy-to-use tools and apps to attract, engage, and delight customers. #TheHustle #HubSpot