US leisure big Warner Bros. Discovery has mentioned it’s exploring a possible sale of all or a few of its media property, this after it turned down a second takeover bid by rival Paramount Skydance and its CEO David Ellison. The corporate, which homes such properties as Warner Bros. Studio, CNN and HBO Max, noticed its shares surge on Tuesday. Additionally on this version: Brazil permits state oil big Petrobras to discover an oil website on the mouth of the Amazon River, despite environmental considerations.
Warner Bros. Discovery open on the market after failed Paramount takeover bids
By Emily Turner
