Netflix shares fall to seven-month low after Warner Bros. acquisition; stock drops following announcement of $82.7 billion purchase at $27.75 per share. CNBC reports Paramount exploring a $30 per share bid to potentially bypass Netflix and appeal directly to Warner Bros. shareholders. White House skepticism and antitrust concerns are expected, with some analysts noting Paramount CEO’s political connections. If the deal is blocked, Netflix faces a $5.8 billion breakup fee.