#Netflix #WarnerBros #StreamingIndustry
markets.businessinsider.com
Netflix Stock (NFLX) Jumps after Streaming Giant Walks Away from Warner Bros. (WBD) Deal
Streaming giant Netflix (NFLX) has decided to walk away from its bid for Warner Bros. (WBD), marking a dramatic turn in one of Hollywood's most closely watched takeover battles.
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#Antitrust #MergersAndAcquisitions #StreamingIndustry
www.bloomberg.com
Warner Bros. Suitors Face Rare Head-to-Head Battle for EU Nod
The deal is set for regulatory scrutiny across the world, including the US, UK and Asia, with the EU's merger authority examining takeovers above minimum sales thresholds.