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Paramount Skydance and Warner Bros. Discovery announce definitive merger agreement

This primary source from U.S. Securities and Exchange Commission supports 2 claims across 2 ledger entries.

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Claims supported by this source

  1. factdocumented

    Paramount Skydance and Warner Bros. Discovery announced a definitive $31-per-share all-cash merger valuing WBD at $110 billion in enterprise value, with Ellison family and RedBird equity among the financing sources.

    Definitive-agreement announcement; final consideration, financing sources, and termination of the prior tender offer

    Paramount and WBD signed a $110 billion enterprise-value deal · Definitive agreement signed; closing contested and subject to conditions

  2. factreported

    AP reported that the Justice Department's Antitrust Division closed its investigation of the Paramount Skydance-Warner Bros. Discovery merger without bringing a federal challenge.

    Definitive-agreement announcement; final consideration, financing sources, and termination of the prior tender offer

    Justice Department closed its Paramount-WBD investigation · Federal antitrust investigation closed; state challenge later filed