Warner Bros. Discovery Stock (WBD) Today: Takeover Bidding War Keeps Shares Pinned Near $30 as Deadlines and Regulators Loom
Warner Bros. Discovery traded at $29.71 on December 16, just below the $30-per-share offer, as takeover speculation intensified. Netflix reaffirmed its bid despite a hostile offer from Paramount Skydance and is publicly addressing antitrust concerns. European regulators emerged as a potential obstacle, raising new uncertainty for deal timelines.