Warner Bros. Discovery shares spike as CEO David Zaslav shops media group around — setting up bidding war for Paramount Skydance
1. WBD shares surged 17% post-report of potential bidding war. 2. David Zaslav seeks to attract bids from major media companies. 3. A $50 billion bid from Paramount Skydance is reportedly being prepared. 4. Zaslav aims for WBD stock to reach $40 per share. 5. Interest in WBD is rising due to relaxed antitrust enforcement.