Paramount Is Reportedly Making Progress Toward Acquiring Warner Bros. Both Of Their Shares Are Soaring.

Source: International Business Times

Shares of Warner Bros Discovery and Paramount Skydance are soaring on Monday over reports that the latter is making progress toward the acquisition of the former. Shares of Warner Bros Discovery and Paramount Skydance are soaring on Monday over reports that the latter is making progress toward the acquisition of the former. The Wall Street Journal detailed that the company is in advanced settlement talks with California officials to solve the antitrust lawsuit preventing the deal from taking place.

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