Warner Bros. Discovery (WBD) has asked potential buyers to submit improved offers by December 1 after receiving an initial round of bids, people familiar with the matter told Bloomberg’s Michelle Davis, Josh Sisco and Lucas Shaw. Paramount Skydance (PSKY), Comcast (CMCSA) and Netflix (NFLX) are all vying to buy some or all of Warner Bros. and submitted bids for the company last week to meet an initial deadline, the report noted.
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