Warner Bros. Discovery rallies as Licht's CNN exit prompts questions of a sale

Warner Bros. Discovery rallies as Licht's CNN exit prompts questions of a sale

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Warner Bros. Discovery (WBD) stock surged another 7% on Thursday, topping the S&P 500 gainers, as the departure of CNN chief Chris Licht prompts renewed M&A speculation surrounding the embattled network. CNN, although likely to benefit from the upcoming election cycle, has faced longer-term…

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