Warner Bros. investors are getting a big boost from the bidding war between Paramount and Netflix
Yahoo Finance·2025-12-09 07:54
Warner Bros. Discovery stock popped 8% on Monday. Investors are cheering a potential bidding war after Paramount launched a hostile bid for the company. The deal could offer shareholders $18B more in cash compared to Warner's pending deal with Netflix. The move: Shares of Warner Bros. Discovery shot up as much as 8% on Monday. The stock is up 163% in 2025. Paramount Skydance stock was up 5%. Why: Investors are cheering a hostile bid from Paramount Skydance to execute a takeover of Warner Bros. Disc ...