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Wajeeh Khan

Netflix Is Buying Warner Bros. Discovery. Should You Buy NFLX Stock?

Netflix NFLX WBD Mark Mahaney Evercore ISI

Netflix (NFLX) shares are slipping at the time of writing after the streaming giant agreed to acquire Warner Bros. Discovery’s (WBD) assets for a whopping $83 billion in cash and stock. 

The agreement that’s broadly expected to make NFLX the most formidable force in the Hollywood industry values WBD’s studios and streaming assets at $27.75 per share. 

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