Warner Bros. (WBD) Jumps 16.3%, Hits New High on More Acquisition Bids

Group 1 - Warner Bros. Discovery Inc. (NASDAQ:WBD) experienced a significant increase in share prices, rising by 16.3% week-on-week to reach an all-time high, driven by investor interest following the rejection of a $60 billion acquisition bid from Paramount Skydance [1][3][4] - On Friday, the stock peaked at $21.57 but closed the day at $21.15, reflecting a slight decline of 0.47% [2] - The company rejected three acquisition offers from Paramount Skydance, which were priced between $22 and $24 per share, while indicating that it would consider other acquisition proposals [3][4] Group 2 - CEO David Zaslav highlighted the growing recognition of Warner Bros.' portfolio value and announced a comprehensive review of strategic alternatives to maximize asset value [4] - Other potential bidders mentioned include Netflix Inc. and Comcast Corp., both of which saw declines in their stock prices on the same day [5]