Paramount Skydance bid for Warner Bros. Discovery could be in the range of $22 to $24 per share, sources say
1. Paramount Skydance plans a bid for Warner Bros. Discovery at $22-$24 per share. 2. WBD shares increased by 1.5% amidst bid speculations and potential split. 3. Offer funding will be 70%-80% cash, involving Larry Ellison's backing. 4. The merger could create a significant media entity with diverse assets.