Netflix Backs Out of Warner Bros. Bidding, Paramount Set to Win

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fact making CICS a very notable early real-time computing system), it was also a

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Netflix and WBD announced merger intentions on December 5. Netflix was going to pay an equity value of $72 billion, or an approximate total enterprise value of $82.7 billion, for part of WBD. At the time, NBC News reported that WBD’s total market value was $60 billion.

Source: Computational Materials Science, Volume 266

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