Warner Bros. Discovery (WBD) Stock Trades Up, Here Is Why
YahooJabin Bastian
Warner Bros. Discovery (WBD) Stock Trades Up, Here Is Why
Shares of global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) jumped 5.6% in the morning session after Paramount launched a hostile, all-cash takeover bid to acquire the company for $30.00 per share, representing a superior offer to a recent deal with Netflix.
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