Democrats are erupting in alarm with streaming giant Netflix bowing out of its deal to buy Warner Bros. Discovery leaving Paramount Skydance standing as the studio's top bidder.

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Feb. 25 (UPI) — Warner Bros. Discovery announced Tuesday that Paramount Skydance has raised its purchase offer to $31 per share, which may top Netflix’s offer.

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Paramount has raised its offer to buy Warner Bros. Discovery in escalating its battle against Netflix acquiring the studio. 

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