Warner Bros. Discovery Shares Surge Amid Paramount Skydance US$60bn Merger Speculation
Shares in Warner Bros. Discovery rose nearly 29% on Thursday following reports that Paramount Skydance Corp. is preparing a takeover bid for the media giant. The Wall Street Journal cited sources familiar with the matter, noting that the proposed cash offer—backed by the Ellison family—could create a combined entity valued at approximately US$60 billion. Warner […]
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