Netflix has seen massive success, with shares up 826% in the past decade. Now, they’re eyeing an $83 billion deal to acquire assets from Warner Bros. Discovery, a move that would shake up the industry. However, history shows that such large deals don’t always pay off for companies.
The proposed deal would be a departure from Netflix’s usual strategy of organic growth. While the company hopes to achieve significant cost savings and positive earnings per share, the market has reacted negatively, with shares falling 16% since the announcement. Investors are cautious about the potential outcome of this major acquisition.
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Read more at Yahoo Finance: Up 826% in 10 Years, Is Netflix About to Make an $83 Billion Mistake?
