On Jan 20, 2026 WBD and Netflix executed an Amended & Restated Merger Agreement; joint press release…
Filed with the SEC on · Summarized by InvestorsBot
On Jan 20, 2026 WBD and Netflix executed an Amended & Restated Merger Agreement; joint press release furnished as Exhibit 99.1 under Item 7.01. $WBD $NFLX 📢✍️ #M&A #SECfiling
WBD filed a preliminary proxy and will file a registration statement for a new subsidiary, Discovery Global, to hold assets not being acquired by Netflix; definitive proxy/registration will be provided to shareholders. $WBD 📄🔎 #Proxy #DiscoveryGlobal
WBD highlights key risks: deal may not close or be delayed, requires shareholder & regulatory approvals, final debt allocation to Discovery Global could reduce consideration, plus financing, leverage and litigation risks. $WBD ⚠️ #Risk #Regulatory