Warner Bros. Discovery (WBD) is not priced correctly and you have an opportunity to make some easy money over the next 6 months.

This is the same setup as ATVI with MSFT.

On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion.[1] The acquisition was completed on October 13, 2023, with its total cost amounting to $75.4 billion.

Here is the insurance. Huge breakup fee, so even if deal falls apart, the company will get a nice payout to help limit the stock drop. Don't get me wrong, the stock would drop for sure, but company would be in a pretty good spot with Netflix deal($27) still possible or Comcast.

Finally you get 25 cent bump every quarter the deal doesn't close.

The easy money is shares are 25.70 right now with buyout price 31 or 31.25 or 31.50 etc depending how long it takes.

Nothing is risk free, but this is easy money by stock market standard.