But Paramount has reportedly been eyeing WBD for years and followed December's merger announcement with an aggressive hostile takeover bid. On Tuesday, in addition to raising its offer to buy all of WBD, Paramount also agreed to pay a $7 billion regulatory termination fee should a Paramount-WBD merger fail to close due to antitrust regulation, as well as a $0.25 per share ticking fee for every quarter that the deal doesn’t close, starting on September 30.
安德烈·塔可夫斯基和儿子安德留什卡 图/《殉道学:塔可夫斯基日记 1970-1986》)
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Nature, Published online: 25 February 2026; doi:10.1038/s41586-026-10175-6