Mergers & Acquisitions News 8 December 2025 - 9 December 2025

Warner Bros. Discovery, Inc. (NASDAQ: WBD) is trading like a Hollywood cliffhanger on Tuesday, December 9, 2025. Shares are changing hands around the mid‑$27 range after jumping more than 4% intraday, extending a rally that has seen the stock climb roughly 140–150% over the past year. Smartkarma The catalyst: Paramount Skydance’s surprise all‑cash hostile bid of $30 per share, valuing Warner Bros. Discovery at about $108.4 billion including debt and directly challenging Netflix’s already‑signed $72 billion cash‑and‑stock agreement for WBD’s studios and streaming operations. Reuters+2PR Newswire+2 Below is a detailed look at the latest news, the takeover mechanics, analyst forecasts,

Warner Bros. Discovery, Inc. Series A common stock (NASDAQ: WBD) goes into Tuesday’s U.S. session at the center of one of the biggest media takeover battles in decades — and traders are treating it less like a traditional media turnaround story and more like a live‑fire merger‑arbitrage trade. On Monday, December 8, WBD shares climbed 4.4% to close at $27.23, extending a powerful rally sparked first by Netflix’s agreement to acquire the company’s studio and streaming assets and then by Paramount Skydance’s new $30‑per‑share all‑cash hostile bid for the entire company. Reuters+1 Here’s how the stock traded after the bell

Confluent, Inc. (NASDAQ: CFLT) has suddenly shifted from a high-growth data‑infrastructure story to a classic M&A arbitrage play. On December 8, 2025, IBM and Confluent announced a definitive agreement under which IBM will acquire all outstanding Confluent shares for $31 in cash, valuing the data‑streaming specialist at around $11 billion enterprise value.IBM Newsroom+2ABC News+2 The news sent CFLT stock up roughly 29% in today’s session, as traders rapidly repriced the shares toward the proposed cash buyout price.MarketBeat Confluent Stock News Today: IBM Confirms $11 Billion Cash Deal IBM and Confluent jointly announced that they have entered into a definitive merger

Date: December 8, 2025 Paramount Skydance Corporation (NASDAQ: PSKY) is starting this week under serious pressure. After losing a high‑stakes bidding war for Warner Bros. Discovery to Netflix, the newly merged media company has just logged one of the worst weekly performances in the S&P 500.Seeking Alpha+1 PSKY closed on Friday, December 5, at $13.37, down almost 10% on the day and roughly 16.5% over the past week, making it the index’s biggest percentage loser.StockAnalysis+1 Pre‑market quotes early Monday show only a modest bounce to around $13.47, suggesting investors are still digesting the fallout from the Netflix–Warner Bros. deal.StockAnalysis At