Comcast’s Bid Seeks to Merge NBCUniversal With Warner Bros. (2)

Comcast Corp.is looking to merge its NBCUniversal division with Warner Bros. Discovery Inc., according to people familiar with the company’s plans.

Comcast on Monday made a renewed offer for part of Warner Bros. that would give it control of the combined entity, according to the people, who asked not to be identified because the terms haven’t been made public.

Warner Bros. shareholders would receive a combination of cash and stock in the new entity. Comcast, a Philadelphia-based cable-TV and internet-service provider, is among three Warner Bros. suitors that submitted offers this week in a second round of bidding. ...