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WBD says Paramount informed WBD on February 11 that it would pay $31 per share, up from $30, if the sides engaged, and that $31 was not its best and final offer (Jill Goldsmith/Deadline)

Mediagazer · last updated

Jill Goldsmith / Deadline:
WBD says Paramount informed WBD on February 11 that it would pay $31 per share, up from $30, if the sides engaged, and that $31 was not its best and final offer  —  Warner says that the Ellison camp had verbally agreed to boost its bid to $31 or higher if two the sides engaged, which WBD today has agreed to do.

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