Shares in Warner Bros Discovery and Paramount Skydance spiked significantly after reports emerged that Paramount Skydance is preparing a takeover offer for Warner Bros Discovery. The deal would cover the entire company, which oversees major assets including CNN, HBO, and the film studios behind hits such as “Barbie” and “Harry Potter”.
Shares in Warner Bros Discovery and Paramount Skydance spiked significantly after reports emerged that Paramount Skydance is preparing a takeover offer for Warner Bros Discovery. The deal would cover the entire company, which oversees major assets including CNN, HBO, and the film studios behind hits such as “Barbie” and “Harry Potter”.