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Paramount boosts breakup fee in Warner Bros. offer to $5B, Bloomberg says

Paramount Skydance (PSKY) has increased the proposed breakup fee in its offer to acquire Warner Bros. Discovery (WBD) to $5B from its previously proposed $2.1B, Bloomberg’s Lucas Shaw reports, citing people familiar with the matter. The fee would be paid to Warner Bros. if a deal is struck but not finalized, the author notes.

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