Warner Bros Discovery announced Tuesday that it views Paramount Skydance's updated acquisition proposal as potentially superior to previous offers. The enhanced deal offers shareholders $31 per share in cash plus additional quarterly fees starting after September 30.

Warner Bros Discovery announced on Tuesday that it has evaluated Paramount Skydance’s updated acquisition offer and believes it could potentially represent a better deal than previous proposals.
The entertainment company revealed that the enhanced offer provides $31 cash per Warner Bros Discovery share, along with an additional daily fee of $0.25 per quarter that would begin after September 30.
The media giant’s assessment of the modified proposal suggests the deal has gained momentum as negotiations continue between the companies.
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