Equities took a breather today with headline indices posting modest losses amid a torrent of merger Monday headlines. On Friday we heard that Netflix (-3.4%) had announced the acquisition of Warner Brother’s Discovery (+4.4%), and while the deal was always going to be under scrutiny for antitrust concerns, one supposed reason Warner chose Netflix was certainty of execution and potential regulatory favor. Paramount Skydance (+9%) mounted a response today, taking their bid for WBD directly to sha…
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