Warner reopens Paramount talks after Netflix waiver

NEW YORK CITY, New York: Warner Bros. Discovery is reopening takeover discussions with Skydance-owned Paramount for seven days after receiving a waiver from Netflix, even as it continues to recommend shareholders back its proposed merger with the streaming giant.

In a regulatory filing on February 17, Warner said Netflix granted it a limited waiver to revisit Paramount's "best and final" offer through February 2