Paramount Reaffirms $30 Bid for WBD Amid Shareholder Division
- Stock Reaction: Paramount Skydance shares rose 2.69% to $12.60 in premarket trading on January 9, 2026, reflecting market optimism towards its $30 all-cash bid for Warner Bros. Discovery, despite the proposal being rejected by WBD's board.
- Acquisition Proposal Analysis: Paramount's detailed analysis indicates that Netflix's transaction value to WBD shareholders is only $27.42 per share, significantly lower than its $30 cash offer, highlighting the relative advantage of its proposal, which may influence shareholder decisions.
- Financing Assurance: Paramount has provided an irrevocable personal guarantee from Oracle CEO Larry Ellison for the $40 billion equity financing, alongside $54 billion in committed debt financing from Bank of America, Citibank, and Apollo Capital Management, enhancing the credibility of its acquisition proposal.
- Market Competition Landscape: Major WBD shareholders are divided on the competing offers, with Pentwater Capital, the seventh-largest shareholder, publicly stating that the board's refusal to engage with Paramount is a mistake, potentially leading to a reevaluation of the acquisition proposals by shareholders.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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