US EditionWarner Bros Shareholders to Vote on $110 Billion Paramount Deal on ...
Paramount Skydance will acquire Warner Bros. Discovery for $111 billion, creating a media giant with $79 billion in combined debt, pending shareholder and regulatory approval.
- On Thursday, Warner Bros. Discovery announced shareholders will vote on the proposed $110 billion merger with Paramount Skydance on April 23, 2026, bringing the companies closer to completing the deal that would reshape the media landscape.
- The WBD board unanimously recommended shareholders vote "FOR" the transaction, citing a robust process to unlock full value following the termination of a previous agreement to sell assets to Netflix.
- Under the terms, shareholders will receive $31 per share in cash—a 147% premium to the unaffected stock price—while Paramount agreed to pay a $0.25 quarterly "ticking fee" if the deal remains unclosed by September 30.
- Acting Assistant Attorney General Omeed Assefi stated last week the proposed pact will "absolutely not" have a fast-track for approval due to political factors, though the deal requires U.S. Justice Department regulatory clearance.
- Expected to close in Q3 2026, the consolidation would leave the combined company with an estimated $79 billion in long-term debt, solidifying CEO David Ellison's status as one of the industry's most influential studio owners.
19 Articles
19 Articles
Warner Bros shareholders vote on Paramount deal in April
Warner Bros Discovery said today that shareholders will vote on its planned $110 billion merger with Paramount Skydance on April 23, bringing the companies a step closer to completing the deal that would reshape the media landscape.
Warner Bros. Discovery Sets Shareholder Meeting Date of April 23, 2026 to Approve Transaction with Paramount Skydance
/PRNewswire/ -- Warner Bros. Discovery, Inc. ("WBD" or "Warner Bros. Discovery") (NASDAQ: WBD) today announced that it will hold the Special Meeting of...
Warner Bros. Discovery Sets Shareholder Meeting Date of April 23, 2026 to Approve Transaction with Paramount Skydance - Paramount Skydance (NASDAQ:PSKY), Warner Bros. Discovery (NASDAQ:WBD)
WBD Shareholders Have Opportunity to Vote on All-Cash Transaction with Clear Path to Close Board Unanimously Recommends Shareholders Vote FOR Paramount Merger NEW YORK, March 26, 2026 /PRNewswire/ -- Warner Bros. Discovery, Inc. ("WBD" or "Warner Bros. Discovery") (NASDAQ:WBD) today announced that it will hold the Special Meeting of Shareholders (the "Special Meeting") to vote on the merger with Paramount Skydance Corporation ("Paramount") (NASD…
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