Paramount Skydance prepares Ellison-backed bid for…
Paramount Skydance is getting ready a majority money bid for Warner Bros Discovery that is backed by the Ellison household, the Wall Street Journal reported on Thursday.
Shares of Warner Bros jumped almost 30% while Paramount was up 7% after the news.
The bid will probably be for your complete company, including its cable networks and film studio, the report said, citing people acquainted with the scenario.
Paramount declined to remark while Warner Bros didn’t immediately reply to a GWN request for remark.
Paramount Skydance CEO David Ellison is wanting to strengthen…
We present you with the trending topics. Get the best latest Gossip news and content on our web site daily.
