Warner Bros. Discovery Stock Soars on Netflix’s $82.7 Billion Takeover — What WBD Investors Need to Know Now
Netflix will acquire Warner Bros.’ film, TV, and streaming businesses for $82.7 billion after a planned spin-off of Warner Bros. Discovery’s Global Networks division. WBD shares closed at $26.07, up 6.2%, but remain about 6% below the $27.75 per-share deal price. The transaction is expected to close 12–18 months after regulatory and shareholder approvals.