Reported 1 day ago
Warner Bros. Discovery, Inc. (NASDAQ:WBD) reached an all-time high of $17.24 amid reports of a potential acquisition by Paramount Skydance Corp. (NASDAQ:PSKY), which may prepare a majority cash bid for the media giant. Despite ending the day at $16.17, up 28.95%, speculation around the acquisition, involving major assets like HBO Max and the Harry Potter franchise, could lead to antitrust investigations.
Source: YAHOO