Warner Bros. Discovery shares spike as CEO David Zaslav shops media group around — setting up bidding war for Paramount Skydance
1. WBD shares rose 17% after news of a potential bidding war. 2. Paramount Skydance may offer $50 billion for WBD. 3. CEO Zaslav seeks to push stock price to $40 per share. 4. Zaslav is exploring other suitors like Amazon and Netflix. 5. Interest in WBD is increasing due to relaxed antitrust policies.