CBS Stock Today: Paramount Skydance Enters Monday Under Pressure as $110 Billion Warner Bros Deal Hits Antitrust Test
Warner Bros Discovery shareholders approved Paramount’s $110 billion takeover bid, clearing a major hurdle for the deal. Paramount Skydance shares closed at $10.97 Friday, down 2.66%, as investors weighed the regulatory risks. The U.S. Justice Department has issued subpoenas, and European regulators are expected to scrutinize the merger. The combined company would include CBS, CNN, HBO Max, and Paramount+.