Warner Bros. Discovery, Inc. Series A WBD
NASDAQ · United States · Consumer Services
$30.95+0.10 (+0.32%)
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
The bond sale and expanded term loans put Paramount Skydance's $110 billion takeover of Warner Bros. Discovery on track to close Oct. 6.
Warner Bros. Discovery, Hewlett Packard Enterprise and CrowdStrike soared to 52-week highs on Wednesday amid company-specific catalysts and macroeconomic tailwinds.
PARAMOUNT SKYDANCE CORPORATION (NASDAQ: PSKY) (the "Company") today announced that it has agreed to sell $3.5 billion aggregate principal amount of 6.30% Senior Secured First Lien Notes due 2028 (the "2028 First Lien Notes"), $3.5 billion aggregate principal amount of 6.55% Senior Secured First Lien Notes due 2029 (the "2029 First Lien Notes"), $6.5 billion aggregate principal amount of 7.05% Senior Secured First Lien Notes due 2031 (the "2031 First Lien Notes"), $5.25 billion aggregate principa
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Warner Bros. Discovery shares closed near Paramount’s $31 offer, while Paramount fell, as investors weighed the settlement and remaining steps.
A settlement with 12 states eased a major legal hurdle, as a looming $7 million daily fee and California job concerns sharpened pressure to act.