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Maroc Maroc - WN.COM - Americas - 22/Sep 05:57

How high could WBD stock soar on potential Paramount-Skydance deal?

Warner Bros. Discovery Inc (NASDAQ: WBD) is extending gains on Monday morning following reports that Paramount Skydance is willing to pay a massive premium to acquire the mass media giant. The potential acquisition comes as WBD prepares to split its streaming and studio operations from global TV networks. If successful, the deal will unite two major Hollywood studios and a sprawling portfolio of cable networks and sports rights under one roof. WBD shares have been in a sharp uptrend over the...

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