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Warner Bros. Stock Trading Hints at Higher Bid Expectation
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Warner Bros. Stock Soars: Market Anticipates Sweetened Acquisition Offer
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Moneycontrol
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19-02-2026, 23:13
Warner Bros. Stock Soars: Market Anticipates Sweetened Acquisition Offer
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Warner Bros. shares trade near $29, signaling market expectation of a higher bid from suitors.
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Paramount Skydance Corp. indicated it could raise its offer by at least $1 to $31 per share.
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Warner Bros. previously agreed to sell to Netflix Inc. for $27.75 a share plus cable network stakes.
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The board has repeatedly rejected Paramount's $30 offers, but reopened negotiations after a revised proposal.
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Analysts suggest Paramount could raise its bid to $32, and Netflix might also increase its offer.
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