(www.cnbc.com)

366 points gniting | 3 comments | 08 Dec 25 14:16 UTC | HN request time: 0.702s | source

Previously: Netflix to Acquire Warner Bros - https://news.ycombinator.com/item?id=46160315 (1333 comments)

Show context

indigodaddy ◴[08 Dec 25 15:17 UTC] No.46193176[source]▶

>>46192459 (OP) #

Does WB have to pay the breakup fee to Netflix if a Paramount hostile takeover succeeds?

replies(6): >>46193410 #>>46193460 #>>46193494 #>>46193833 #>>46194214 #>>46194238 #

1. ZeroCool2u ◴[08 Dec 25 15:32 UTC] No.46193410[source]▶

>>46193176 #

Yeah, the reverse breakup fee is ~2.6B I believe, but the Paramount takeover doesn't have to succeed for that fee to kick in. WB just has to back out.

replies(1): >>46194676 #

2. indigodaddy ◴[08 Dec 25 16:58 UTC] No.46194676[source]▶

>>46193410 (TP) #

Right, but if it does succeed, does it then kick in?

replies(1): >>46200393 #

3. semiquaver ◴[09 Dec 25 01:54 UTC] No.46200393[source]▶

>>46194676 #

Yes

↑

Paramount launches hostile bid for Warner Bros