Warner Bros reconsiders Paramount $108B sale after revised offer covers $2.8B Netflix breakup fee

Source: [https://finance.yahoo.com/news/warner-bros-weighs-reopening-sale-195058251.html](https://finance.yahoo.com/news/warner-bros-weighs-reopening-sale-195058251.html)

>Warner Bros Discovery (WBD) is considering reopening sale ‌talks with rival Hollywood ‌studio Paramount Skydance (PSKY) after receiving its hostile ​suitor's most recent amended offer, Bloomberg News reported on Sunday, citing people with knowledge of ‌the matter.

>Members ⁠of Warner Bros' board are discussing whether Paramount could ⁠offer the path to a superior deal, the Bloomberg ​report said.

>Paramount had enhanced its Warner Bros bid last week by offering shareholders extra cash for each quarter the deal fails to close ‌after this year ​and agreeing to ​cover the ​breakup fee the ‌HBO owner would owe ​Netflix (NFLX)if ​it walked away, even though the CBS owner did not raise ​its ‌per share offer.