00:00It's Benzinga bringing Wall Street to Main Street.
00:02Warner Brothers Discovery said Tuesday it will reopen talks with Paramount Skydance
00:06under a seven-day waiver from Netflix to address deficiencies in Paramount's offer,
00:11according to CNBC. Paramount launched a hostile tender offer after losing to Netflix in a bidding
00:16war. WBD said Netflix granted a limited waiver through February 23rd to allow discussions and
00:22submit a best and final offer. WBD will seek clarity on unresolved terms and determine whether
00:29Paramount can deliver a binding vest and final proposal. WBD said a senior Paramount representative
00:35indicated it would pay $31 per share if talks reopen. For all things money, visit Benzinga.com.
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