Attention, those of you who own Warner Bros. Discovery Inc. (WBD): WBD is the target of proposed acquisitions by both Netflix Inc. (NFLX) and Paramount Skydance Corporation (PSKY).
There are a number of shareholder and regulatory hurdles that either of these proposed acquisitions will need to address before they are agreed upon or completed. For this reason, we are recommending that you take no extraordinary action at this time. You may continue to trade WBD by the tenets of the Snider Investment Method as usual.
If the situation should change at some future point to require action to be taken, we will issue an updated alert advising you of what action to take.
If you have any questions regarding the proposed merger, please do not hesitate to contact us at 1-888-6SNIDER or at support@snideradvisors.com.