Warner Bros. Discovery Faces $31 Merger Bar as Regulators Step In
Warner Bros. Discovery closed at $26.97 on Thursday, 13% below Paramount Skydance’s $31-a-share cash offer. Investors are awaiting a European Commission antitrust decision due by July 7. WBD shareholders have approved the $110 billion sale. Paramount’s legal team says regulatory reviews are standard and filings are in with authorities in Europe, Canada, the UK, and the US.
