Netflix announced the blockbuster deal with Warner Bros. Discovery on Friday morning. It has agreed to buy the legendary TV and movie studio and assets like the HBO Max streaming service for $72 billion.

  • marx@piefed.socialEnglish
    1·
    1 day ago

    This means the would-be buyer will pay WBD billions of dollars if the deal is not completed.

    There was a super interesting Money Stuff (Pay Now, Merge Later) recently about this kind of acquisition structure that allows the seller to keep the money even if the deal gets blown up by antitrust. It will be interesting to see how this plays out.