Warner Bros. Discovery Is in Talks to Merge With Paramount: Is Its Stock a Buy for 2024?

Warner Bros. Discovery Is in Talks to Merge With Paramount: Is Its Stock a Buy for 2024?

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On Dec. 20, Axios reported that Warner Bros. Discovery (NASDAQ: WBD) was in talks to potentially merge with Paramount Global (NASDAQ: PARA). The news wasn't positively received by investors, with both stocks dipping between 5% and 8%, respectively, in the days following. Paramount has been under…

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