Paramount Skydance bid for Warner Bros. Discovery could be in the range of $22 to $24 per share, sources say
As Paramount Skydance prepares a bid for Warner Bros. Discovery, CNBC's David Faber reported Friday an offer could land in the range of $22 to $24 per share.Faber, citing sources, cautioned that price range was speculative and that an offer could come later than previously expected.WBD shares gained about 1.5% Friday morning to trade around $19 apiece.Last week, CNBC reported the newly merger Paramount Skydance was preparing a largely cash offer for Warner Bros. Discovery, potentially preempting a split of ...