Warner Bros (WBD) Extends Run on 3rd Day Amid Paramount Skydance Acquisition Report

Group 1 - Warner Bros. Discovery, Inc. (NASDAQ:WBD) has seen a significant increase in stock performance, hitting an all-time high for three consecutive days amid acquisition rumors by Paramount Skydance Corp. (NASDAQ:PSKY) [1][3] - Reports indicate that Paramount is preparing a majority cash bid to acquire Warner Bros. Discovery, which includes its cable networks and movie studio [2][3] - The potential acquisition may face antitrust scrutiny due to the size and the combination of assets, including HBO Max and major franchises like Barbie and Harry Potter [3] Group 2 - The acquisition bid follows Paramount and Skydance's recent $8.4 billion merger, which ended RedBird's 38-year control over Paramount [4]