Warner Bros. Discovery Stock Holds Below $31 Deal Price After DOJ Clears Paramount Merger
Warner Bros. Discovery, Inc. shares moved higher but stayed well below Paramount Skydance’s agreed takeover price after the U.S. Justice Department closed its antitrust investigation into the proposed media merger. The latest available quote showed Nasdaq-listed WBD at $26.98, up $0.12, with intraday volume of about 16.2 million shares and a market value near $67.2 billion.