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Paramount raises breakup fee in Warner Bros bid to $5 billion, Bloomberg News reports

Dec 3 (Reuters) – Paramount Skydance has raised the proposed breakup fee in its bid to acquire Warner Bros Discovery to $5 billion, Bloomberg News reported on Wednesday, citing people familiar with the offer. (Reporting by Juby Babu in Mexico City; Editing by Alan Barona)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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