Paramount Skydance and Warner Bros. Discovery Announce Anticipated Closing Date of Paramount Merger
PR Newswire•30/09/2026•18:49 ET
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Key Highlights
- ➤Merger expected to close October 6, 2026, subject to customary closing conditions
- ➤WBD (WBD) shareholders to receive $31.00 cash plus $0.00277778 per day
- ➤October 6 closing would deliver $31.01666668 cash per WBD share
- ➤Paramount Skydance (PSKY) and WBD announced the anticipated merger closing date
Paramount Skydance and Warner Bros. Discovery Announce Anticipated Closing Date of Paramount Merger PR Newswire
NEW YORK, Sept. 30, 2026 /PRNewswire/ -- Paramount Skydance Corporation (NASDAQ: PSKY) ("PSKY") and Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD" or "Warner Bros. Discovery") today announced that the merger (the "Merger") contemplated by the Agreement and Plan of Merger, dated as of February 27, 2026 (the "Merger Agreement"), by and among WBD, PSKY and Prince Sub Inc., is expected to close on October 6, 2026 (the "Anticipated Closing Date"), subject to customary closing conditions.
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