Warner Bros. Discovery (WBD) has seen a surge in its steaming shares due to a fierce bidding war between Netflix and Paramount. This increased activity followed an initial bid by Netflix to acquire Warner Bros. for a total enterprise value of $82.7 billion. This prompted Paramount to initiate a counteroffer, which was rejected by the Warner Bros. board who view the Netflix offer as superior. The board considers Paramount’s bid as 'inadequate' and 'inferior'. Investment entities such as Assenagon Asset Management, Voya Investment Management and Oak Thistle have boosted their stock holdings in Warner Bros. Discovery. These events have led to a strong rise in Warner Bros. Discovery's stock which has notably reached a three-year high. Despite some concerns over the company's recent valuation, analysts are optimistic on the company's future. The decision to merge with Netflix has been perceived as the best path forward over the proposal with Paramount, which was considered hostile. The continued interest from a representatives and large-scale asset managers demonstrates confidence in this path. The Netflix deal now remains firm and is being anticipated by investors and stakeholders.
Warner Bros Stocks WBD News Analytics from Tue, 11 Nov 2025 08:00:00 GMT to Sat, 20 Dec 2025 20:46:30 GMT -
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- Information +10
- Rumor +6
