'Fast Money' traders on Netflix, Paramount shares amid WBD bidding war
We start off with the latest chapter in [music] the battle for Warner Brothers Discovery. WBD shares popping three and a half% today after Paramount Skyance beefed up its bid for the media giant. While the $30 a share cash offer stays the same, Larry Ellison, the father of Peace Sky CEO David Ellison, is stepping in, personally guaranteeing over $40 billion in equity financing.It comes almost a week after Warner advised it shareholders to reject Paramount's hostile bid, setting concerns over the Ellison fam ...