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Paramount Skydance Eyes $22–$24 per Share Bid for Warner Bros. Discovery
['Business Times']
Business Times : Top News
Warner Bros. is pulling the plug on CNN+ long before it could fully take off.
(Photo: Mario Anzuoni/Reuters)Paramount Skydance is preparing a bid for Warner Bros.
Warner Bros.
Discovery shares rose about 1.5% Friday morning to trade near $19 per share, extending gains after last week's report that Paramount Skydance was considering a bid.
Warner Bros.
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'paramount'
'bid'
'studios'
'warner'
'streaming'
'potential'
'share'
'discovery'
'skydance'
'eyes']