Washington DC/IBNS, Dec. 8 -- US President Donald Trump has expressed concern over Netflix's proposed acquisition of Warner Bros. Discovery (WBD), warning that the deal "could be a problem" due to the streaming giant's already "very large market share."
In one of the largest entertainment mergers in history, Netflix and WBD announced a definitive agreement on Friday under which Netflix will acquire Warner Bros., including its film and television studios as well as HBO and HBO Max.
The cash-and-stock transaction values WBD at $27.75 per share, with a total enterprise value of approximately $82.7 billion and an equity value of $72 billion. The merger is expected to close after the planned separation of WBD's Global Networks division, Disc...
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