By: Lillian Rizzo Netflix announced Friday that it has reached a deal to buy pieces of Warner Bros. Discovery, bringing a swift end to a dramatic bidding process that saw Paramount, Skydance, and Comcast also vying for the legacy assets. The transaction is comprised of cash and stock and is valued at $27.75 per WBD share, the companies said. That puts the equity value of the deal at $72 billion, with a total enterprise value of approximately $82.7 billion. Netflix will acquire Warner Bros.′ film studio and streaming service, HBO Max. Warner Bros. Discovery will move forward with its previously
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