Communications-services companies rose amid deal intrigue.

Shares of Warner Bros. Discovery fell after reports the Hollywood studio would recommend shareholders reject a buyout bid from rival Paramount Skydance, intended as a spoiler to Warner's merger deal with Netflix.

British sports streaming giant DAZN is in advanced talks to acquire a majority stake in Main Street Sports Group, the big regional sports broadcaster in the U.S.

President Trump sued the BBC for $10 billion, in a defamation lawsuit over the broadcaster's editing of a documentary that featured his speech before the Jan. 6, 2021, Capitol riot.

Versant Media Group, the cable networks spinoff from Comcast, added to Monday's gains.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

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