As Warner Bros. Bids Come In, Employees Face Another New Boss
1. Paramount Skydance, Comcast, and Netflix bid for WBD's assets. 2. WBD's board to announce sale decision by mid-December. 3. Speculation driving WBD shares above $23, but company still faces debt. 4. Ongoing layoffs and disruptions predicted regardless of bidding outcome. 5. History of failed mergers emphasizes uncertainty in WBD's future.