Trump could kill the Netflix-Warner Bros. deal
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The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix.
The largest streaming network says it will purchase Warner Bros.’ studios and streaming assets after winning a bidding war with Comcast and Paramount.
Comcast co-CEO Mike Cavanagh, in a post-mortem of the company's flirtation with buying Warner Bros., said the company's offer was light on cash relative to rivals Netflix and Paramount.