Paramount Skydance to Distribute Warrants Tied to Warner Bros. Discovery Deal

Paramount Says Timing for Warner Bros. Deal Close ‘If Any’ Is ‘Not Yet Certain’ but Pencils In Oct. 5 Date to Issue PSKY Shareholders Warrants Tied to WBD Merger

Paramount Skydance's $111 billion agreement to merge with Warner Bros. Discovery is not quite a done deal, but the company is preparing for the deal to close within the next few weeks.

Paramount Skydance to Distribute Warrants Tied to Warner Bros. Discovery Deal

Paramount Skydance Corporation plans to issue roughly 470 million warrants to eligible holders of its Class B Common Stock in connection with its acquisition of Warner Bros. Discovery, according to an exhibit filed with the SEC. The post Paramount...