Stock Market News This Week: Cannabis Stocks, Trump Media & Technology and TikTok

Stock Market News This Week: Cannabis Stocks, Trump Media & Technology and TikTok

This week was full of new data, offers and drama. The Warner Bros-Netflix-ParamountSkydance bidding war unfolded with the latest developments on December 17, likely ending the bidding race when WBD’s board formally rejected Paramount’s hostile bid to acquire the media giant. It continues to bet on Netflix, focusing on the future of entertainment with more…

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What you need to know about the bidding war between Netflix and Paramount for Warner Bros.

What you need to know about the bidding war between Netflix and Paramount for Warner Bros.

NEW YORK (AP) — Warner Bros. is telling company shareholders that it believes a $72 billion takeover offer from Netflix is ​​superior and to reject a hostile takeover offer from Paramount Skydance. Paramount became hostile to its offer last week, asking shareholders to reject the Netflix deal favored by the Warner Bros. board. Paramount is…

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