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WBD
New York Post
19 hrs

Warner Bros. Discovery CEO David Zaslav wants bidding war for his media giant — even as Paramount Skydance plans takeover offer: sources

1. Zaslav seeks a bidding war for Warner Bros. Discovery amid takeover plans. 2. Shares jumped 30% after news of Ellison’s potential cash bid. 3. Zaslav aims to split WBD into two public companies next April. 4. Interest in WBD reflects growing demand for content from tech giants. 5. Zaslav anticipates a favorable merger regulatory environment under Trump.

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$18.8709/13 05:08 AM EDTLatest Updated
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FAQ

Why Bullish?

The significant share price increase indicates strong investor interest and confidence in a bidding war, similar to past merger scenarios in media resulting in stock price surges.

How important is it?

The article discusses potential substantial change in ownership, directly impacting WBD's operations and valuation, with a high chance of affecting stock price.

Why Short Term?

Immediate spikes due to bidding wars often lead to quick market re-evaluation; historical examples include increases in stock valuations during acquisition speculations.

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