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flag Warner Bros. Discovery likely rejects Paramount’s $108.4B bid, favoring Netflix deal over financing concerns.

flag Warner Bros. flag Discovery is expected to reject a $108.4 billion takeover bid from Paramount Global, citing concerns over financing and terms, according to sources. flag The company is instead favoring its existing agreement with Netflix, which it views as offering greater value and stability. flag A formal response may be filed soon, but no final decision has been made. flag Both companies have declined to comment.

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