Netflix退出华纳兄弟探索公司竞购战。
内容总结：
流媒体巨头奈飞（Netflix）正式退出对华纳兄弟探索公司（Warner Bros. Discovery）的竞购战。该公司近日表示，不会提高报价以匹配派拉蒙天空之舞（Paramount Skydance）的最新收购方案。这意味着持续数月的收购拉锯战接近尾声。
华纳兄弟探索公司董事会此前认定，派拉蒙天空之舞提出的收购条件更优，并给予奈飞四个工作日匹配相关条款。奈飞迅速回应称不再加价。公司联合首席执行官特德·萨兰多斯和格雷格·彼得斯在声明中表示，虽然相信自身能运营好华纳旗下经典品牌，且交易有助于巩固娱乐产业、创造更多就业岗位，但这项交易始终是“价格合适才考虑”，而非“不计代价必须完成”。
根据公开信息，派拉蒙的最新报价为每股31美元，并承诺承担华纳兄弟探索因解除与奈飞现有合并协议而产生的28亿美元终止费。这意味着奈飞虽未成功收购华纳兄弟的业务板块，但有望获得近30亿美元的“分手费”充实资金储备。
此次收购战始于奈飞首次报价后，派拉蒙突然以恶意收购方式介入竞购。双方经历多轮博弈，华纳兄弟探索虽未正式接受派拉蒙报价——该交易尚需经过漫长的监管审批——但这场商业角逐已基本尘埃落定。
中文翻译：
流媒体巨头Netflix退出华纳兄弟探索公司竞购战，拒绝提高报价与派拉蒙天空之舞持平。过去数月间，Netflix与派拉蒙天空之舞围绕收购华纳兄弟探索公司展开的财务博弈犹如连台好戏，如今这场商战传奇似乎接近尾声。今日华纳兄弟探索公司宣布，其董事会认定派拉蒙天空之舞的最新提案更具优势。这家传媒集团给予Netflix四个工作日来匹配派拉蒙的条款，但Netflix当即决定不再加码竞标。
Netflix联合首席执行官泰德·萨兰多斯与格雷格·彼得斯在声明中表示："我们本可成为华纳兄弟标志性品牌的优秀守护者，这项交易也将强化娱乐产业生态，在美国保留并创造更多制作岗位。但此次收购始终遵循'价格合理方可促成'的原则，绝非'不计代价必须达成'的交易。"
除每股31美元的收购价外，派拉蒙最新提案还包含承担华纳兄弟探索公司因解除现有合并协议需向Netflix支付的28亿美元解约金。这意味着Netflix虽未如愿以827亿美元收购华纳兄弟业务板块，未能获得新内容资源，却可能通过解约金使金库额外充盈近30亿美元。
自Netflix首次报价后，派拉蒙天空之舞便以敌意收购姿态试图鲸吞整个华纳兄弟探索公司。遭拒后派拉蒙再度出击，过去数周各方已展开多轮交锋。尽管华纳兄弟探索公司尚未正式接受派拉蒙提案——该交易尚需经历冗长的监管审批，势必引发更多波澜——但这场收购战的硝烟或将逐渐散去。
英文来源：
Netflix backs out of Warner Bros. Discovery bidding war
The streamer declined to raise its offer to match that of Paramount Skydance.
For anyone who has been following the soap opera unfolding between Netflix and Paramount Skydance over the past few months in their financial brinksmanship to acquire Warner Bros. Discovery, the saga may be nearing its end. Today, WBD said its board of directors have determined that the latest offer from Paramount Skydance amounted to the better proposal. The media outfit gave Netflix four business days to match Paramount's terms, but the streamer didn't waste any time in declining to raise its own bid.
"We believe we would have been strong stewards of Warner Bros.' iconic brands, and that our deal would have strengthened the entertainment industry and preserved and created more production jobs in the US," the statement from Netflix co-CEOs Ted Sarandos and Greg Peters said. "But this transaction was always a 'nice to have' at the right price, not a 'must have' at any price."
In addition to the purchase price of $31 per WBD share, Paramount's latest offer also included a provision that it would cover the $2.8 billion termination fee that WBD would owe to Netflix for dissolving the existing merger agreement between the businesses. So rather than paying $82.7 billion to acquire the Warner Bros. part of the operation, it appears Netflix may walk away with no new content but padding its coffers with an extra nearly $3 billion.
After Netflix's initial offer, Paramount Skydance swooped in with a hostile takeover attempt of the entire Warner Bros. Discovery business. WBD rejected it, Paramount tried again. Several additional volleys between the involved parties occurred over the past few weeks. While WBD has not yet formally accepted Paramount's offer — which will be subject to long-winded regulatory approvals sure to spark more drama — it seems the dust will soon settle for this chapter.