Warner Bros Shareholders Are Getting More Than Just Acquisition Drama

Shivank Goswami

12/10/2025

Warner Bros (NASDAQ:WBD) has been in the spotlight after Netflix announced on December 5 that it would acquire the company for $72 billion in equity value. What followed has brought even more drama to the story. First came reports that the Justice Department might intervene in the transaction. Then Paramount entered the scene with a hostile takeover bid worth $108 billion.

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