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Mega deal among US media giants in the offing

The stock market day

Mega deal among US media giants in the offing

A merger worth billions may be in the offing in the US media and entertainment industry. According to insiders, Warner Bros Discovery and Paramount Global are exploring a merger. Talks between Warner Bros and Paramount are still in the early stages, according to people familiar with the matter. Paramount is valued at 10.5 billion dollars on the stock exchange.

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The potential mega-deal between Warner Bros Discovery and Paramount Global, if successful, could significantly impact the US media landscape on a stock exchange day. If the merger materializes, it would be one of the largest deals in the history of US media giants.

Source: www.ntv.de

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