Warner Bros. Discovery Is for Sale
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A potential acquisition of Warner Bros. Discovery by Paramount could spark antitrust scrutiny, although President Trump’s connection to Larry Ellison might “help smooth the path for a deal,” media analysts told Newsweek.
Benchmark analyst Matthew Harrigan even boosted his stock price target by $7 to $25 following Tuesday's news that the conglomerate's board will review various deal and other options.
The former Warner Bros. and Universal Pictures executive has led marketing efforts for "Barbie," "The Batman," "Fast & Furious," "Jurassic World" and more