Warner Bros acquisition: Netflix wins bidding war with $82.7 billion; executive deal talk next
Netflix on Friday has acquired Warner Bros. in a blockbuster $82.7 billion transaction after beating multiple bidders for the Hollywood giant’s film and TV assets, including HBO and HBO Max. The deal, valued at $27.75 per share, will take effect once WBD completes the planned spin-off of its Global Networks division, Discovery Global, expected in…