Paramount sweetens Warner Bros. Discovery bid with ‘ticking fee’ as Netflix deal hangs over vote
On Tuesday, Paramount Skydance bumped up its hostile $30-a-share offer for Warner Bros. Discovery, tacking on a “ticking fee”—basically, more cash the longer the acquisition drags on. The company also said it would cover the breakup fee that WBD would have to pay Netflix if it backs out of that agreement.
