Paramount sweetened its $30 per share hostile bid for Warner Bros. Discovery by adding a 25 cent quarterly ticking fee and covering a $2.8 billion breakup payment to Netflix, valuing Warner at $108 billion including debt.
UniFirst Corp. is in renewed takeover talks with Cintas Corp. after Cintas resubmitted a $275 per share offer in December, valuing UniFirst at about $4.2 billion as discussions resume following years of stalled negotiations.
Mattel agreed to acquire full ownership of Mattel163 from NetEase for a $318 million valuation, buying the remaining 50% for $159 million to strengthen its digital games business as the studio reaches about 20 million monthly users and more than 550 million downloads.
