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Comcast · Saudi ArabiaParamount Skydance Investment Rumor Sparks Stock Surge On Tuesday, Paramount Skydance refuted claims made by Variety that it was collaborating with sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi in a $71 billion bid for Warner Bros Discovery. The reports were deemed 'categorically inaccurate' by the company.Following the rumors, shares of Warner Bros Discovery surged 5.5%, while Paramount experienced a 2% rise. Warner Bros Discov…See the Story
Paramount Skydance Investment Rumor Sparks Stock Surge
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