Warner Bros. Discovery Stock Takes Off As Paramount Skydance Eyes Takeover
Paramount Skydance Corp. PSKY is reportedly working with an investment bank to prepare a potential bid for Warner Bros. Discovery, Inc. WBD, according to people familiar with the situation. WBD stock had its best day ever. See the price action here. Takeover Bid?As of Thursday, Warner Bros. Discovery had not yet received a formal proposal, but sources said an offer could arrive as soon as next week, CNBC reported. Read Next: Opendoor Returns To ‘FounderMode’—Stock Soars Warner Bros. Discovery recently annou ...