M&A

Netflix shares surge after Warner Bros bid dumped

By Frank Prenesti

Date: Friday 27 Feb 2026

(Sharecast News) - Netflix has walked away from its offer to buy Warner Bros Discovery, sending its shares higher and leaving Paramount Skydance as the likely winner in the long running battle for the iconic Hollywood studio.
The streaming giant refused to increase its $83bn, $27.75-a-share offer after Warner Bros said...

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