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BTCC / BTCC Square / Global Cryptocurrency /
Warner Bros. Discovery Shares Slide as Hostile Takeover Prospects Emerge

Warner Bros. Discovery Shares Slide as Hostile Takeover Prospects Emerge

Author:
Global Cryptocurrency
Published:
2025-09-29 21:32:03
12
2
BTCCSquare news:

Warner Bros. Discovery (WBD) shares tumbled nearly 3% in Thursday's closing minutes as acquisition talks turn increasingly contentious. CNBC's David Faber reports a friendly deal with Paramount Skydance (PSKY) now appears improbable, forcing potential bidders toward hostile maneuvers.

KeyBanc analyst Brandon Nispel suggests CEO David Zucker's hoped-for bidding war remains unlikely without Netflix's potential intervention. The entertainment giant's fate now hinges on boardroom decisions as Paramount prepares a formal offer.

|Square

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