智通财经网·2026-02-19 04:05Group 1 - The ongoing bidding war for Warner Bros. Discovery (WBD.US) is expected to lead one of the bidders to increase their offer, with Paramount Global (PSKY.US) indicating a potential raise to at least $31 per share [1] - Warner Bros. has seen its stock price fluctuate, closing just below $29 per share, with concerns about regulatory scrutiny and the uncertain valuation of its cable assets impacting market confidence [1] - Following a revised proposal from Paramount, Warner Bros. agreed to restart negotiations, resulting in a 2.7% increase in its stock price, which has risen approximately 7% from a two-week low [1] Group 2 - Water Island Capital's Matt Osowiecki noted that the current trading price suggests the acquisition price is likely to exceed $30, indicating that if $30 were the maximum acceptable price, the stock would not be trading at $29 [2] - Oppenheimer's Michael Broudo mentioned that Paramount's previous offer of $31 per share was not the "final offer," making a potential increase to $32 a reasonable estimate [4] - Paramount has been attempting to acquire Warner Bros. since September, leading to multiple bid increases, but ultimately lost to Netflix; the company has made several modifications to its offers in response to various issues [4]