Warner Bros. Discovery stock is up 25% after report Paramount is preparing a bid | NYGazet

The Wall Street Journal reported the recently merged Paramount Skydance was preparing a takeover bid for the entirety of WBD.

Warner Bros. Discovery shares soared more than 25% Thursday afternoon on a report from the The Wall Street Journal that the recently merged Paramount Skydance was preparing a takeover bid. Shares of Paramount Skydance were up roughly 8% in afternoon ... [361 chars]