Warner Bros. Discovery (WBD, Financials) slipped after a UK official said she may intervene in Paramount Skydance's planned takeover.UK Culture Secretary Lisa Nandy said she is minded to intervene on public interest grounds. Her concerns center on whether the deal could affect media plurality and c…
By Edith HancockThe U.K. could intervene in Paramount Skydance's $81 billion takeover of Warner Bros Discovery, the country's culture and media secretary said on Tuesday.U.K. Culture Secretary Lisa Nandy said in a statement Tuesday that her department wrote to the companies saying she is "minded to…
In a written ministerial statement, culture secretary Lisa Nandy said she had contacted both parties to inform them she was "minded to intervene" in the blockbuster deal.She continued: "I am conscious that the proposed acquisition is global in nature. In reaching this decision, my focus has been, a…
Seaport Global upgraded Warner Bros. Discovery (WBD) to Buy and set a $31 price target for the stock.WBD Series A (WBD): Supergirl U.S. opening ~$38M. Analyst projects $450–$500M b
Warner Bros. Discovery's 'Supergirl' raked in $38 million in its U.S. opening weekend, disappointing already muted expectations, Benchmark analyst Matthew Harrigan says in a note. The film would need to gross about $450 million to $500 million globally to breakeven, though now it looks like its fin…
(12:34 GMT) Warner Bros. Discovery Price Target Announced at $31.00/Share by Seaport Global
