US Stock Market Move | Warner Bros. Discovery goes up more than 6% in pre-market trading, Paramount rumored to increase offer and make a move towards shareholders.
On Monday, Warner Bros. Discovery Company (WBD.US) continued to rise by over 6% in pre-market trading, reaching $27.87.
On Monday, Warner Bros. Discovery Inc. (WBD.US) continued to rise more than 6% in pre-market trading, reaching $27.87. Reports indicate that Paramount is considering making a direct offer to the shareholders of Warner Bros. Discovery, with an improved offer that may be higher than the previously submitted all-cash offer of $30 per share. Last Friday, Netflix agreed to acquire Warner Bros. Discovery for $72 billion, which includes film and television studios, HBO Max, and HBO.
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