Paramount Is Launching a Hostile Bid for Warner Bros. Is PSKY Stock a Buy, Sell, or Hold Here?
Paramount Skydance (PSKY) is taking its bid for Warner Bros. Discovery (WBD) directly to shareholders after getting shut out by Netflix (NFLX). The company announced on Monday that it will offer 108.4 billion. The hostile takeover attempt comes after Netflix agreed to buy Warner Bros.'s studio and streaming assets for 17. ...