Warner Bros. Discovery (WBD) Series A Stock Today: Board Rejects Paramount’s $30 Bid, Backs Netflix Deal — News, Forecasts, and What Investors Are Watching (Dec. 17, 2025)
Warner Bros. Discovery’s board on Dec. 17 urged shareholders to reject Paramount Skydance’s $30 per share hostile tender offer and back its merger with Netflix instead. WBD stock closed at $28.455, down 1.54%, trading between the $30 Paramount bid and the $27.75 per share value of the Netflix deal plus Discovery Global shares.