Major media companies including Paramount and Comcast are preparing to submit bids for Warner Bros., with some of the parties eyeing the deadline of November 20. These bidders aim to acquire the struggling studio, which has seen its share price decline recently. The deal is expected to be completed by the end of the year, according to those familiar with the matter.
Source: https://www.wsj.com/business/media/paramount-comcast-netflix-prepare-bids-for-warner-as-deadline-approaches-999cbec3