Sen. Elizabeth Warren (D-Mass.) is sounding the alarm over a potential merger between Paramount Skydance Corp. (NASDAQ: PSKY) and Warner Bros Discovery Inc. (NASDAQ: WBD), while urging regulators to ignore political pressure as they evaluate the deal.
Shares of multinational media and entertainment corporation Paramount (NASDAQ:PARA)
jumped 6.5% in the morning session after the company launched a hostile, all-cash bid to acquire Warner Bros. Discovery for $30 per share.
Stay informed about the performance of the S&P500 index in the middle of the day on Monday. Uncover the top gainers and losers in today's session for valuable insights.
Paramount is offering $30 per share in cash, and the company stated that the proposed transaction is for the entirety of WBD, including the Global Networks segment.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at broadcasting stocks, starting with FOX (NASDAQ:FOXA).
Shares of multinational media and entertainment corporation Paramount (NASDAQ:PARA)
fell 6.6% in the afternoon session after Netflix (NFLX) beat out the company in the bidding war for Warner Bros. Discovery (WBD).
Let's delve into the developments on the US markets one hour before the close of the markets on Friday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Wondering which stocks are making significant price gaps? Explore the S&P500 index on Friday to find the gap up and gap down stocks in today's session.
Netflix said on Friday that it would acquire Warner Bros. film and television studios, HBO, and streaming service HBO Max in a cash-and-stock deal valued at $82.7 billion.
