Warner Bros. Discovery shares jump after merger talks
WBD shares rose 9.9% in the afternoon session after Paramount Skydance and California’s attorney general were reported in advanced talks that could clear a final hurdle to their proposed merger.
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05:17:10 PM UTC
SquawkNews
Paramount Skydance Corp. (PSKY) stock soared to its best day in more than six months amid reports that the company finalized an agreement with California and several opposing states to resolve litigation aimed at blocking its $110 billion acquisition of Warner Bros. Discovery Inc.The settlement, fi…
Paramount Skydance Corp. (PSKY) stock soared to its best day in more than six months after reports said the company finalized an agreement with California and several opposing states to resolve litigation seeking to block its $110 billion acquisition of Warner Bros. Discovery Inc.