Discovery Global spin-off: Netflix acquires Warner Bros. in $82.7 billion deal
NEW DELHI: Netflix on Friday annnounced that it has acquired Warner Bros., including HBO and HBO Max, for an enterprise value of $82.7 billion. The cash and stock deal values Warner Bros. Discovery (WBD) at $27.75 per share and will take effect after the separation of WBD’s Global Networks division, Discovery Global, which is scheduled…