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Open options, including CNN sale, could unlock value and alleviate antitrust concerns, potentially boosting PSKY valuation if a divestiture progresses; however, timing remains uncertain and could introduce near-term volatility as clarity emerges.
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Paramount Skydance stated it will keep all options open, including the potential sale of CNN, to resolve California's antitrust suit over its $110 billion Warner Bros Discovery deal. The possibility of divesting CNN could unlock value and ease regulatory concerns, though timing remains unclear. This stance signals heightened strategic flexibility and potential near-term volatility as management clarifies next steps.
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