Part 6/11:
Current market conditions suggest that Warner Brothers' shares are trading just above $24, a substantial increase from the $12 at the start of the bidding process. The last bidding round saw Paramount's offer hover near $24, which was rejected. Industry analysts believe the final bid will exceed $28 per share, potentially reaching or surpassing $30.
John Malone, a veteran dealmaker and Warner Brothers' chairman emeritus, considers the $30 target "possible." This aligns with the company's own valuation aspirations and the growing market consensus that the assets are worth at least that much.
Breakdown of Warner Brothers' valuation:
- The studio and streaming assets, which are deemed the most valuable part of the company, could be worth approximately $28 per share on their own.