Netflix is selling off because it announced a massive, high‑risk acquisition of major Warner Bros. Discovery assets — and the market hates the price, the leverage, and the regulatory risk.
The bid is in the range of $72-$82 Billion.
Trump tweeted last night putting the deal under scrutiny.
This tweet comes on the back of Paramount Skydance announcing a hostile take over bid $108B of warner bros discovery. Trumps son in law Jared Kushner hold private equity in Para and would benefit from the takeover.
Netflix is sitting pretty as the stock has sold off in anticipation of higher cap ex. If the deal doesn't go through it will likely rebound.
Netflix wont have to pay the 5.8 Billion break up fee if WBD board votes down their deal. In fact Netflix will receive $2-$3 Billion.
The bid is in the range of $72-$82 Billion.
Trump tweeted last night putting the deal under scrutiny.
This tweet comes on the back of Paramount Skydance announcing a hostile take over bid $108B of warner bros discovery. Trumps son in law Jared Kushner hold private equity in Para and would benefit from the takeover.
Netflix is sitting pretty as the stock has sold off in anticipation of higher cap ex. If the deal doesn't go through it will likely rebound.
Netflix wont have to pay the 5.8 Billion break up fee if WBD board votes down their deal. In fact Netflix will receive $2-$3 Billion.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.