Warner Bros. Discovery Stock Soars 26% As Ellison-Led Paramount Skydance Reportedly Plans Bid
1. Paramount Skydance plans to acquire Warner Bros. Discovery. 2. The proposal backed by the Ellison family boosts WBD shares by over 26%. 3. This would be WBD's largest single-day gain since its 2005 trading debut. 4. Skydance recently merged with Paramount, increasing its market position. 5. Potential FCC approvals may influence M&A activities moving forward.