Netflix is “actively exploring” some type of acquisition bid for Warner Bros. Discovery and has retained investment bank Moelis & Co. to put together a prospective offer.
Moelis was the financial adviser to David Ellison’s Skydance Media in its takeover of Paramount Global.
Netflix is "actively exploring" an acquisition bid for Warner Bros. Discovery and has retained investment bank Moelis & Co. to put together a prospective offer, Reuters reported.
