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WBD
New York Post
6 hrs

Paramount's CEO David Ellison has high hopes of using his attorney to lure Zaslav to sell Warner Bros. Discovery

1. Skydance aims to buy WBD, led by CEO David Ellison. 2. WBD's CEO, David Zaslav, is considering offers amid positive performance. 3. WBD achieved $4 billion at the box office and has growing subscribers. 4. Ellison's offer may be insufficient; Zaslav expects over $30 per share. 5. Major competitors like Netflix and Amazon may also eye WBD's assets.

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$18.9910/05 08:51 PM EDTEvent Start

$18.9910/06 02:13 AM EDTLatest Updated
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FAQ

Why Bullish?

Increased interest in WBD from strong players like Netflix and Amazon indicates potential value. Historical deals, such as Disney's acquisition of Fox, demonstrate how bidding wars can elevate stock prices.

How important is it?

The potential sale and strategic moves by well-known players indicate significant shifts affecting WBD’s market standing. The involvement of high-profile figures and firms emphasizes the urgency and seriousness of the situation.

Why Long Term?

The evolving interest from major companies can lead to strategic shifts over months to years. Past examples, like Discovery's merger with WarnerMedia, highlight how corporate negotiations affect long-term valuations.

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