Signage on the Warner Bros. Discovery headquarters in New York, US, on Thursday, June 12, 2025.
Victor J. Blue | Bloomberg | Getty Images
Warner Bros. Discovery shares soared greater than 25% Thursday afternoon on a report from the The Wall Street Journal that the just lately merged Paramount Skydance was preparing a takeover bid.
Shares of Paramount Skydance had been up roughly 8% in afternoon buying and selling. Representatives for Paramount and Warner Bros. Discovery declined to remark.
Warner Bros. Discovery just lately introduced plans to separate its international TV networks enterprise from its streaming enterprise and studios. The Journal reported Thursday the Paramount Skydance bid can be for the whole thing of WBD.
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