Warner Bros. Discovery jumps on report Paramount Skydance preparing offer

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Warne in Kanata, Ottawa, ON, Canada.

Warner Bros. Discovery (NASDAQ:WBD) jumped 21% on a report that Paramount Skydance (NASDAQ:PSKY) is preparing a majority cash bid for the entertainment giant.

The offer will be for the entire company, including its cable networks and movie studio, according to a

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