Paramount Skydance Stock Jumps 9% on $24B Gulf Funding for Warner Bros Takeover Bid
- Posted on April 7, 2026
- By International Business Times
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Paramount Skydance Stock Jumps 9% on $24B Gulf Funding for Warner Bros Takeover Bid
Paramount Skydance Corp. shares surged nearly 9% in morning trading Tuesday as the newly formed media giant moved closer to securing $24 billion in equity commitments from Middle Eastern sovereign wealth funds to finance its ambitious $81 billion to $110 billion takeover of Warner Bros. Discovery,
