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Rival offers must be lodged by next Thursday, giving Warner a week to make up its mind on whether or not to put forward a counterbid.
Paramount set February 1 as the absolute final deadline for bids and counterbids.
Wal-Mart has a track record of counterbids when it bought Asda under the nose of Kingfisher in 1999, which an analyst added was "20 times its earnings while Morrisons has bought Safeway at only 11 times its earnings".
The board's surprise decision follows weeks of acrimonious bids and counterbids from Punch and Whitbread as they struggled for the control of Allied's 3,600 pubs and restaurants.
Interested parties will have until June 7 to submit initial counterbids for the enterics diagnostic business and June 11 to submit initial counterbids for the retroviral diagnostic business.
The stadium project has dominated local news in recent weeks, generating vigorous public debate and attracting controversial counterbids from organizations including Cablevision and TransGas Energy Systems, a power-plant developer.
Bankers have said several banks are talking to each other about possible breakup counterbids for ABN - seen by some to generate more value for shareholders.