Paramount Skydance-Warner Bros. Discovery Merger to Close Oct. 6
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NEW YORK – September 30, 2026 -- Paramount Skydance Corporation (NASDAQ: PSKY) and Warner Bros. Discovery, Inc. (NASDAQ: WBD) confirmed their merger is expected to close October 6, 2026, finalizing one of the largest media consolidations in recent years.
WBD shareholders to receive $31.01666668 per share at anticipated closing
Under the Merger Agreement dated February 27, 2026, each outstanding share of WBD common stock will convert into a cash right of $31.00 plus a daily accrual of $0.00277778 for each calendar day elapsed after September 30, 2026 through the closing date. If the deal closes on the anticipated date of October 6, 2026, the per-share payout totals $31.01666668.