Warner Bros Discovery stock stuck between Netflix deal value and Paramount’s $30 bid as Jan. 21 deadline nears
NEW YORK, December 29, 2025, 03:21 ET — Market closed Warner Bros. Discovery shares last fell 1.4% to $28.80, leaving the stock wedged between competing takeover prices as investors head into Monday’s session waiting for the next headline in the bidding fight. The gap matters because WBD’s share price has become a running read on whether investors expect a sweeter offer, or whether the company’s board will stick with the deal it has already endorsed. Warner Bros. Discovery IR+1 Paramount Skydance’s hostile bid is structured as a tender offer — a proposal to buy shares directly from shareholders — and