Four Business Days That Decide the Deal: A Trade on Warner Bros. Discovery Ahead of Netflix's Match Window
Warner Bros. Discovery sits squarely in the crosshairs of a bidding duel. Paramount Skydance raised its cash offer to $31 per share, triggering a four-business-day matching window for Netflix. WBD is trading near $29.02 with a market cap near $72.3B and enterprise value about $101.5B. This trade plan captures the near-term binary around the match d…