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February 25, 2026
財經

華納收購戰白熱化 派拉蒙加碼至每股31美元

派拉蒙天舞在好萊塢近年最大規模收購戰中再度出手,提高對華納兄弟探索公司 的全面收購報價,試圖在與 Netflix的競逐中取得優勢。

華納兄弟探索周二發布聲明指出,派拉蒙 Skydance 已將收購價格提高至每股 31 美元現金,並表示該提案「合理預期」可構成與 Netflix 既有合併協議中所定義的「公司更優提案」。

此次派拉蒙將報價由每股 30 美元提高至 31 美元。以含債務計算,先前 30 美元提案估值約 1080 億美元;相較之下,Netflix 提案整體估值約為 827 億美元。

不過華納方面認為,若未來分拆有線頻道業務,仍可能為股東創造額外價值。

為提高吸引力,派拉蒙新提案加入多項保護條款,包括若收購交易未能在 9 月 30 日前完成,將啟動每季每股 25 美分的「遞增費用」(ticking fee);若最終遭監管機構否決,派拉蒙須向華納支付 70 億美元。

公司董事會強調,尚未判定修訂後的 提案是否優於與 Netflix 的合併交易,未來將與派拉蒙進一步接洽以作出評估。

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