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Paramount Skydance and Warner Bros. Discovery Announce Anticipated Closing Date of Paramount Merger

The $110 billion deal clears its final legal hurdles after a federal judge approved Paramount’s antitrust settlement with California and 12 states.

Summary by WFMZ
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,…

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A U.S. court has approved a settlement between Paramount Skydance and a coalition of 12 states, removing a major legal hurdle to its roughly $110 billion acquisition of Warner Bros. Discovery. The deal is expected to close on Oct. 6. Federal Judge Araceli Martinez-Holgin approved the Sept. 21 settlement between the company and the states, led by California. According to Reuters, she called the settlement a “reasonable factual and legal solution”…

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Forbes broke the news in Jersey City, United States on Wednesday, September 30, 2026.
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