10
Dec
The big news in the mergers and acquisitions world late last week was Netflix Inc.'s agreement to buy Warner Bros. Discovery Inc. in a deal valued at $82.7 billion.
The acquisition would create an entertainment behemoth, if it passes regulatory muster. Netflix would come to own the Sopranos, Big Bang Theory, and Game of Thrones franchises. More importantly to those in the commercial real estate world, it would assume Warner's studio movie-making chops. And that’s where the potential headaches come up.
Warner has been among...