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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- 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 offerParamount and WBD signed a $110 billion enterprise-value deal · Definitive agreement signed; closing contested and subject to conditions
- 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 offerJustice Department closed its Paramount-WBD investigation · Federal antitrust investigation closed; state challenge later filed